MAZAGON DOCK SHIPBUIL LTD
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Mazgaon Dock Shipbuilders Short Term View

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Mazgaon Dock Shipbuilders looks like a contraction for about 4-5 months
Volumes are popping up on the increase and volumes are lower when the stock has decreased
A break above 2360 and 2384 can push the stock further to 2480 and breaking the hurdle of 2490 can target 2600
However, stock has had a fair share of a bull run so I would suggest enter above 2385 with a target of 2480 and a stop loss of 2300
Can book costs out at that level and let the remainder be invested

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