SELL : MAZDOCK-EQ( MAZDOCK ) [509]

RA Name: Manjushri sharma

Technical Analysis:

📉 INTRADAY TRADE ALERT – SHORT
🔍 Stock: Mazagon Dock Shipbuilders Ltd (MAZDOCK EQ)
📅 Date: 29th Sept 2025
🧠 By: Manjushri Sharma | Equity Guru MS
📜 SEBI Reg. No.: INH000019497

💡 Trade Setup

🔍 Technical Insight

• Price rejection seen at ₹2,820–₹2,830 resistance zone.

• Trading below VWAP, showing intraday weakness.

• Sell-side volumes rising, confirming distribution.

• Lower-high formation on 15-min chart adds bearish confirmation.

📘 Trading Strategy
✅ Enter short near ₹2780
🚫 Strict Stop Loss: ₹2820
🎯 Target 1: ₹2740 → book partial gains
🎯 Target 2: ₹2700 → trail SL after T1
🕒 Exit all positions by 3:15 PM

⚠️ Important Notes
❗ Execute trade only with breakdown confirmation & volume support.
🔄 Avoid averaging; maintain strict discipline with SL.
🚫 Purely intraday call – do not carry forward.

🔐 Issued by:
Manjushri Sharma
📈 SEBI Registered Research Analyst
📞 6269562635 | 📧 sharma.manjushri@gmail.com

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