MASTEK ENTERING STAGE 2Mastek has broken out cleanly from a long period of consolidation and is entering stage 2. BEST TIME TO BUY for good upmove.
MASTEK trade ideas
MASTEK LOOKING BULLISH Volumes are increasing in mastek as you can se two weekly volume bar & 2200 will act as a resistance in coming days
Stage 2 BO #MASTEK
- Stage 2 BO
- Good volume and price pattern
- Trading above key EMAs
- Bullish RSI
Mastek has given a breakout after a long consolidation.Mastek has given a breakout after a long consolidation. Should be a good buy if sustains above 1849 tomorrow
Positional Trading Journal Mastek 090523 Here I analyse the Price Volume action alongside plausible RR scenario, across time frames.
#MASTEK DOUBLE BOTTOM STRUCTURETrade Wisely. We Can Just Predict.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view please ask your SEBI Registered Advisor . Profit is your and loss is your.
Analysis of MastekBasic Chart Traingle Pattern for a reversal pattern in Mastek.
My first analysis here, trying to keep a track of analysis, so might keep posting regularly from now on.
Please guide me in the right direction, if you find out I can improve in my analysis. Always happy to learn and help.
Swing trade for 3-6 month Their is swing momentum seems good for upside, Buy in the range of 1600 to current price levels with target 2200+ and SL is 1500
#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.
Mastek - EuroZone slowdownWith IT being a weak sector + Mastek having a large UK/Euro exposure there could be a short term slowdown in spends..
The stock is on the verge of a breakdown..a breakdown below 1850 could lead to the stock trending towards 1500 (where the stock would start to have good value)
This would be an inverted cup and handle breakdown..
The stock is forming double bottom pattern and bouncing from theThe stock is forming double bottom pattern and bouncing from the support.
MASTEK TRIPPLE TOP BREAKDOWNMASTEK (W), perfect tripple top formation breakdown happening at 2450 range. Tripple top formation done at 3350 range. Next buying range evolving at 1550 range as tripple top breakdown target plus 200ema (weekly). Invalid if mastek reclaims 2550 plus range.
Triple Top Pattern at #mastekBe Cautious #tripletop #Pattern (trend reversal) at #mastek weekly chart.
What Is a Triple Top?
The triple top is a type of chart pattern used in technical analysis to predict the reversal in the movement of an asset's price. Consisting of three peaks, a triple top signals that the asset may no longer be rallying, and that lower prices may be on the way.
Triple tops may occur on all time frames, but in order for the pattern to be considered a triple top, it must occur after an uptrend. However, the opposite of a triple is a triple bottom, which indicates the asset's price is no longer falling and could head higher.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #breakdown #tripletop
mastek my fav stockkeep adding looks like bottom made..
target of 4000 is intact
acked with solid results ...
tf- 3 to 5 months
Potential breakout in Mastek1. Wyckoff reaccumulation.
2. Potential breakout candidate.
3. Downside risk 25%
4. Upside potential 80% -- long term.
5. Good entry at 2600 -2700 RR 1:9 downside risk 10%
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalMASTEK
Stock formed Double bottom pattern and now at resistance Zone area
On daily chart Trendline broke and at resistance zone, if breakout sustain then be a good bet
To enter above 3315 for positionally targets of 3660
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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WATCHOUT FOR RESISTANCE BREAKOUTMastek is fundamentally strong stock in the IT Sector. For Positional trade, entry is above resistance level and target is mentioned in the chart.
RSI looks bullish as per chart.
Watchout for Resistance breakoutThe stock gave a trendline breakout lately and is testing it's resistance zone. Buy above 3315 (closing basis) for positional target of 3660
Learn & Earn,
Dr. Tanya Kumar
Mastek Master moveOnce it crosses the congestion zone. Decent upmove is imminent.
But it has to cross that 3000 level successfully with force and on support of volume
Beautiful triangle pattern is in making.......
Great chance to enter before breakout in pattern above 3000
Just for education. Not a tip or recommendation
