MAZDOCK 30MAR26 2300 CE

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MAZDOCK presents compelling buy-side technical opportunity consolidating above 200-SMA ₹2,618-2,769 support from deeply oversold RSI(19-35), STOCHRSI(0), Williams %R(-90-100) signaling capitulation exhaustion after sharp correction, despite bearish short-term MA cluster (5-100 SMA Sell) confirming downtrend pressure. Bullish MACD(6.48-13.85) crossover alongside Hull MA(9) Buy and Keltner Band breakout validate accumulation base creating favorable risk-reward near pivot ₹2,324-2,698 zone targeting R1 ₹2,850/R2 ₹2,950 resistance. Higher lows formation with ROC(10.43) acceleration supports attractive long entry with tight stops below S1 ₹2,275 for optimal rebound capture in premier defense shipbuilder amid orderbook expansion.

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