Title: “Mazagon Dock: History Repeats? Chart Pattern Suggests Another Breakout Ahead!”
Description: Mazagon Dock Shipbuilders Ltd (MAZDOCK) is showing a strong resemblance to its previous bullish pattern from early 2024. The highlighted ellipses show two nearly identical consolidation and breakout formations. The blue projection line mirrors the past 2024 price movement, suggesting a potential rally.
Key Levels to Watch:
Resistance: 3095 — if broken, expect a move toward 3148.
Support Zone: Around 2930-2970.
If the pattern continues, we could see a strong upward move. This setup is a great example of price action repeating itself—classic case of a fractal pattern in technical analysis.
Idea Type: Bullish | Timeframe: 1D
👉 Note: Always manage risk. Patterns can fail—set your stop loss wisely!
Description: Mazagon Dock Shipbuilders Ltd (MAZDOCK) is showing a strong resemblance to its previous bullish pattern from early 2024. The highlighted ellipses show two nearly identical consolidation and breakout formations. The blue projection line mirrors the past 2024 price movement, suggesting a potential rally.
Key Levels to Watch:
Resistance: 3095 — if broken, expect a move toward 3148.
Support Zone: Around 2930-2970.
If the pattern continues, we could see a strong upward move. This setup is a great example of price action repeating itself—classic case of a fractal pattern in technical analysis.
Idea Type: Bullish | Timeframe: 1D
👉 Note: Always manage risk. Patterns can fail—set your stop loss wisely!
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。