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mastek looks bullish in short to medium term
MASTEK LTD
Long
mastek looks bullish in short to medium term
By ParamjitMahapatro
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Updated
Dec 21, 2017
5
Dec 9, 2017
In daily, price trading above strong resistance zone, volume supporting the up move, also hidden bullish divergence formed here,
in weekly, candles are riding the upper BB and BB is expanding and trending up,
in monthly, we can see the overhead resistance at 500
with sl - 340, tgt - 500+
Dec 21, 2017
Trade active
till now 397
Jan 11, 2018
Trade active
horizontal resistance broken with high volume, price closed above upper BB , bb is expanding now
Jan 25, 2018
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after horizontal resistance breakout, price came down once to retest it, then resumed its uptrend. till now 479, cheers.
Jun 10, 2018
Trade active
at cmp - 528.05, in daily, price formed regular bullish divergence.
breakout
Bullish Patterns
Bullish Divergence
Support and Resistance
Trend Analysis
uptrend
ParamjitMahapatro
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