MAZOCK IS GETTING READY FOR CLEAR UPMOVE
MAZDOCK has breaked out of the trendline, the breakout candle is approx 7% candle with volumes gradually picking since last few days
The price today 18.10.2024 has taken clear support of 20EMA.
Further there is a clear divergence between price and RSI lows in the period 21st August & 7th Oct, 2024, wherein the price has made low levels but RSI lows remains the same.
All the above shows a reversal may come in the stock.
The Targets can be >>>>> Target 1 = 4860; Target 2= 5095 and Final Target = 5859
The price today 18.10.2024 has taken clear support of 20EMA.
Further there is a clear divergence between price and RSI lows in the period 21st August & 7th Oct, 2024, wherein the price has made low levels but RSI lows remains the same.
All the above shows a reversal may come in the stock.
The Targets can be >>>>> Target 1 = 4860; Target 2= 5095 and Final Target = 5859
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