Technical Stock Pick: Multibagger in 1 year! Why is 100-EMA support important for Mazagon Dock Shipbuilders?

Technical Stock Pick: Multibagger in 1 year! Why is 100-EMA support important for Mazagon Dock Shipbuilders?

Mazagon Dock Shipbuilders Ltd, part of the ship-building space, has rallied more than 180% in a year but has come under some selling pressure at record highs, but it has found support around the 100-EMA on the daily charts. The stock rose from Rs 749 as on 20th February 2023 to Rs 2136 recorded on … Read more

Defence stocks rally up to 20% on strong growth prospects

Defence stocks rally up to 20% on strong growth prospects

Shares of defence companies were buzzing in Tuesday’s trade, with Premier Explosives leading the rally on favourable growth prospects, backed by robust order book and healthy pipeline. While Premier Explosives was up nearly 20% in intraday trade, Bharat Dynamics and Zen Technologies rose 15% and 13%, respectively. Mazagon Dock Shipbuilders, on the other hand, was … Read more