📊 Mazagon Dock Shipbuilders Ltd. – Weekly Structure

🔍 1. Technical Snapshot Trend: Uptrend inside a well-respected rising channel Support Zone: ₹2,910 – ₹2,950 Resistance Zone: ₹3,600 – ₹3,800 (upper channel + red trendline) Key Observation: Recently rebounded from the support line, holding the structure well 📈 2. Chart Insights Price is moving within a rising channel. Holding above ₹2,910 keeps the structure intact. Approach toward ₹3,600+ could trigger fresh profit booking. 🗣️ 3. My Take Short-term bias: Positive As long as the price holds above ₹2,910, trend remains bullish. Next resistance to watch is near ₹3,600 where upper channel pressure may emerge. (Chart Attached) 📢 Info only. Not a buy/sell call. Positions may or may not be held. 📄 Market risks apply.