2026-08-11 10:39:51 am | Source: Religare Broking Ltd
Stock of the day - Mazagon Dock Shipbuilders Ltd Target Rs. 2750 - Religare Broking Ltd
Mazagon Dock Shipbuilders Ltd
Buy Mazagon Dock Shipbuilders Ltd CMP (Rs) 2575 Range* 2570-2575 SL Target 2480 2750
* MAZDOCK continues to display a robust bullish reversal, underpinned by a sustained higher-high and higher-low formation following a strong base.
* The recent breakout from the broader consolidation range, supported by improving volumes, confirms strengthening buying interest.
* Price has reclaimed key moving averages, while the rising short-term average reinforces positive momentum and trend strength.
* Investors may consider accumulating the stock within the recommended buying range.
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