MASTEK trade ideas
Mastek - New highs comingLong above 912. I already on this stock from lower levels and this stock has a long term breakout. (20 year breakout)
Good to be in the stock with along term view.
good breakout in weekly and daily chart one can do own research in this stock for long term in the small cap share
good breakout in daily chart one can do own research in this stock for long term in the small cap share
multibagger for long termif your veiw is short term trade for the target of 1000 and for long term very bullish
Mastek: SuperBullish.Coming out of consolidation of approx 19 years. One can buy the stock on retest of breakout.
Sell Mastek.., This is how stock market WorksClosely observe the charts. We have shown you the accumulation zone at the bottom in green colour and the distribution zone in red colour. Operator buys at the bottom and sells at the top with the price moving in the range. We are recommending sell as the distribution is about to complete. you see huge selling pressure on daily chart candles. it is sell on rally stock..
MASTEK.LTD, FOR INVESTOR'S VIEW MASTEK.LTD AND SOME OTHER STOCKS ARE IN FOCUS BECAUSE OF BREXIT.
HERE IS MY VIEW WHICH CURRENTLY IN 5TH OF C WAVE PROJECTION. WAITING FOR MY PRICE.
please comment your view on this stock.
Company is virtually debt free.
Stock is trading at 0.98 times its book value
Company has been maintaining a healthy dividend payout of 21.89%
Source: Screener.in
DISCLAIME: THE POSTS ARE FOR ONLY EDUCATIONAL PURPOSE.
Mastek - Long Playing well in a channel, in the last session, rebounded from the bottom channel support.
If it doesn't breakout out from the channel on Monday, its high chances will touch 535 lvl soon
All the best for your trades !!!
MASTEK - RESISTANCE TO BE CROSSED!BUY AT CURRENT PRICE & PLACE PLACE STOP LOSS AT 449.
WHEN THE PRICE CLOSES ABOVE 486,
TARGETS OF 504 & 520 ARE ACHIEVABLE.
Positional Play , buy near 479 - 482 , stoploss 464 , trgt 500+ looks like a double bottom in the 30 min, these type of moves are generally solid, but lets see
mastek looks bullish in short to medium termIn 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+
mastek looks bullish in short termIn daily, price broke out of overhead resistance with good volume,
also it closed above upper BB and BB is expanding, sign of bullishness.
sl - 285, tgt - 362
MASTEK BUY ABOVE 366.5 SWING+CROSSED DARVAS BOX LEVELMASTEK BUY ABOVE 366.5 SWING+CROSSED DARVAS BOX LEVEL PLZ CHECK CHART FOR MORE INFO
Will this Genie - Come out ???Been stuck for a brief period of time over the past 11months,in the horizontal range 105 - 150, with multiple attempts to move ahead, this time with price >SMA 20, 200, and positive trending RSI, Expect the stock to move above the range with 30% gains over the next 20-30 sessions, With Stops at 200 SMA.
