Mazagaon Dock Shipbuilders -Bearish Trend Analysis (post split)
Mazagaon Dock Shipbuilders – Bearish Trend Analysis
Key Observations: Stock Split Impact: Post-stock split, prices typically adjust to half their swing high, and profit booking has led to a 10-16% correction from recent highs.
Current Trend: A clear downtrend is visible, with lower highs and lower lows forming.
Trade Setup:
Entry Zone: ₹2,236.75
Stop Loss: ₹2,344.95
Targets:
TP1: ₹2,064.15
TP2: ₹1,990.50
TP3: ₹1,934.15
( Reward / Risk = ₹302.60 / ₹108.20 = 2.80:1 )
This means you are risking ₹1 to potentially gain ₹2.80, which is a favorable ratio for this trade.
Disclaimer:
This analysis is for educational purposes only. I am not SEBI-registered. Trade responsibly, and always conduct your research.thanks
like,share & subscribe my youtue channel Alpha_strike_trader
Key Observations: Stock Split Impact: Post-stock split, prices typically adjust to half their swing high, and profit booking has led to a 10-16% correction from recent highs.
Current Trend: A clear downtrend is visible, with lower highs and lower lows forming.
Trade Setup:
Entry Zone: ₹2,236.75
Stop Loss: ₹2,344.95
Targets:
TP1: ₹2,064.15
TP2: ₹1,990.50
TP3: ₹1,934.15
( Reward / Risk = ₹302.60 / ₹108.20 = 2.80:1 )
This means you are risking ₹1 to potentially gain ₹2.80, which is a favorable ratio for this trade.
Disclaimer:
This analysis is for educational purposes only. I am not SEBI-registered. Trade responsibly, and always conduct your research.thanks
like,share & subscribe my youtue channel Alpha_strike_trader
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