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Technicals for Mazagon Dock Shipbuilders Limited
By MusingTheNews
2026-01-30 20:47
Overall Technical outlook
Price Summary
With a 2.67% rise, Mazagon Dock Shipbuilders Limited enjoyed a phenomenal day in the stock market. On 2026-01-30, MAZDOCK's stock started at 2506.0, reached a high of 2586.0, fell to 2482.0, and ended 2.67% up at 2572.9, with 2199651 shares traded. The highest price the stock achieved in the past 52 weeks is 3751.2, while the lowest price it saw is 1961.75. According to 6 analysts, the price of MAZDOCK in the future is projected to be between 2100.0 and 3489.0, with an average expected price of 2975.0.
Technicals
Support and Resistance: The price of 2572.9 is supported at 2489.1 and faces resistance at 2636.7. This range suggests key levels for MAZDOCK where the price may stabilize, with 2489.1 acting as a support and 2636.7 as a cap on gains. Support/Resistance for MAZDOCK
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for Mazagon Dock Shipbuilders Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Mazagon Dock Shipbuilders Limited
Parabolic SAR: The PSAR for MAZDOCK continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement. Parabolic Stop and Reverse chart for Mazagon Dock Shipbuilders Limited
Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Stochastic chart for Mazagon Dock Shipbuilders Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for Mazagon Dock Shipbuilders Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Tripple SMA chart for Mazagon Dock Shipbuilders Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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