MASTEK LTD
Long
Updated

mastek looks bullish in short to medium term

97
In daily, price trading above strong resistance zone, volume supporting the up move, also hidden bullish divergence formed here,
snapshot

in weekly, candles are riding the upper BB and BB is expanding and trending up, snapshot

in monthly, we can see the overhead resistance at 500 snapshot

with sl - 340, tgt - 500+
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till now 397
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horizontal resistance broken with high volume, price closed above upper BB , bb is expanding now snapshot
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after horizontal resistance breakout, price came down once to retest it, then resumed its uptrend. till now 479, cheers.

snapshot
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at cmp - 528.05, in daily, price formed regular bullish divergence.

snapshot

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