Mazagon Dock - Flag Pattern!!!

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Mazagon Dock is looking super good both on Fundamental & Technical pattern on account of following:

1. Consistent profitability from 2o years + dividend and no debt
2. Only Shipyard to be conferred Navratna Status
3. Capex planned for next 4-5 years - INR 5000 crores
4. World class infra - Capacity of building 11 Submarines & 10 War Ships concurrently
5. Technically, it is making flag pattern and then giving a breakout. It take support on 200EMA.
6. It is consolidating from last 9 months and a breakout will result in breakout from flag pattern to take price to new heights.

Keep following Cleaneasycharts as we provide right stocks at right time at right price.

Cheers!!!
注释
We have capture 16% return, and now it is heading to BO for up ward targets. Cheers!!!
注释
So we have captured 40% return in Mazdock. Cheers!!!!

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