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MASTEK

MASTEK LTD DAILY CHART DARVAS BOX BREAKOUT TRADEThe stock has formed DARVAS BOX & Given a strong breakout on the DAILY chart with good Volumes. One can enter above 3014 with a strict Stoploss of 2830 Target 1 - 3200 Target 2 - 3400 Target 3 - 3550 #SWING TRADE What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
NSE:MASTEKLong
by JJJ-555
MASTEK - Breakout Setup, Move is ON..NSE:MASTEK ✅ #MASTEK trading above Resistance of 2944 ✅ Next Resistance is at 3410 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:MASTEK
by Sandeep_Aggarwal
Retested Weekly BO in MASTEK LTD MNC A Inverted Head & Shoulder Chart Pattern Breakout retested on the Weekly Time frame of NSE:MASTEK Price Action supported by volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list and initiate the long trade as per the level mentioned on the chart. Stop loss will be on a Weekly closing basis. Trend Analysis :- UP Trend Chart Pattern :- Bullish Inverted Head & Shoulder Chart Pattern Technical Indicator :- Positive MACD Crossover Disclaimer:- This is for Education purpose only
NSE:MASTEK
by raigvivek
#Mastek,around 1600/1610 will give good risk reward for longMastek is one of favourite stock and I have made good money in this counter. I entered around 663 when it broke out of its multi year resistance on 6-8th Aug 2020, made pyramid entry around 28th Dec 2020 which increased my avg price. Added final qty around 28th June 2021, my exit was around 3300+ which gave me 148%+ returns. I was lucky enough to get benefit of the rally which came during covid. Now this stock is again showing some signs of bullishness, I have 2 plan 1) enter around 1600-1610 which will give me very low risk but high reward setup 2) wait for 2 daily closing above 1680 and then enter. In both the cases my Targets would be 1) 1740 2) 1810 3)1962 4) 2146 5) 2260. After achieving these target's I will trail my SL so ensure no loss in the trade. SL in both cases would be any day closing below 1460. Happy Investing :) I am not SEBI registered, equity investment are 100% subject to market risk. This post is for education purpose only.
NSE:MASTEKLong
by ssudhirsharma11
Inverted H&S and resistance breakoutbuy above 3000 in intraday and swing trade keep stoploss 2800 for swing trade for Intraday keep stoploss below resistance zone at 2940 for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis NOTE: For Gapup or bo before 9:20 If gapup is more than 1% from bo level than avoid completely. if less than 1% or gives bo before 9:20 than wait for first 5 minute candle and entry above 5 minute candle and revised SL below candle Low.
NSE:MASTEKLong
by stockkar
5
Mastek - Intraday LongNews on #Mastek Lets see whether we can grab some points in Intraday. #Mastek - Cloud communications company Route Mobile has appointed John Owen to head its operations across Europe and the Americas. Owen will be the chief executive officer of Route Mobile UK, based in London, the company said in a statement. John Owen has 30 years of international senior executive leadership experience in leading global organizations like Mastek NSE 1.60 %, Serco, HP, Sycamore Networks and Nortel. “In his most recent role as the Group CEO at Mastek Ltd (“Mastek”), he has transformed Mastek into a growth leader in digital transformation delivering outstanding results,” as per the statement. Rajdipkumar Gupta, Managing Director and Group CEO, Route Mobile Limited said, “Following the successful IPO of Route Mobile, we have been clear that we will now want to strengthen our global management capacity and capability in order to support our growth aspirations.”
NSE:MASTEKLong
by Loganathan_Mani
MASTEK looks good PositionallyChart Structure: - Stock is in a continuous uptrend since May. - Currently, the price is near the All-time High Range (It might close at ATH) - Price is around 2793.45 at the time of the study. Volume & Deliveries: - Huge accumulation has been seen in the second half of July. - Around 9.48 lac shares were delivered during the period with an average delivery of 1.58 lac shares/day whereas the average deliveries prior was 53,000 shares/day. - Above-average deliveries are being seen in the first half of August. - On 1st September around 1.88 lac shares were delivered (around 5x of current average) - 3 Mutual Funds bought the Significant Quantity of shares in July whereas 5 MFs reduced small quantities of MASTEK in their portfolio. Relative Strength: - MASTEK is Relatively stronger than Nifty50 as well as the Midcap index. - It has outperformed the Nifty50 & its Sector (Nifty-IT) in 1W, 1M, 3M, 6M, 1Y, 2Y & 5Y timeframes. - Historical chart data shows that Mastek has performed well when it became RS positive and gave significant returns while outperforming the Markets. - After becoming RS positive in April (with the new ARS date) RS has improved significantly and not flipped flopped. - While Nifty & Midcap corrected, MASTEK has shown little correction. - Spread Chart breakout has been observed 3 sessions back. Financial Performance: - Q1 sales growth stood at 7% QoQ & 34% YoY - Q1 PBT growth stood at 9% QoQ & 49% YoY - Q1 PAT growth stood at 13% QoQ & 73% YoY - Overall financials have improved. Sectoral Performance: - Since its breakout on 15th July, Nifty IT has grown by 17.5% - The sector is consistently outperforming Nifty50 significantly. - MASTEK has outperformed Nifty-IT on 1W, 3M, 6M & 1Y timeframes. TLDR (Too Long Didn't Read): - Stock is near ATH - Stock has good volume & deliveries - Stock's RS is strong, outperforming Nifty & Sector. - Co.'s financial performance was good in Q1. A good Stock to Study & keep eyes upon.
NSE:MASTEKLong
by AmanSaraf