MastekBullish penant pattern breakout
Retracing from important fibonacci level
Bullish momentum
High volume spike
0.80%
88.70INR
2.93BINR
25.634BINR
15.429M
About MASTEK
Sector
Industry
CEO
Hiral Chandrana
Website
Headquarters
Mumbai
Employees (FY)
5.622K
Founded
1982
ISIN
INE759A01021
Mastek Ltd. engages in the provision of enterprise technology solutions. Its portfolio includes business and technology services, including information technology consulting, application development, systems integration, application management outsourcing, testing, data warehousing and business intelligence, application security, and legacy modernisation. The company was founded by Ashank Datta Desai, Ketan Bansilal Mehta, Radhakrishnan Sundar and Venkatraman Ram Sudhakar on May 14, 1982 and is headquartered in Mumbai, India.
MASTEK Swing TradeFormed a base on the support area with rounding bottom pattern. Looks promising to reach 25~30% gains from the CMP.
CMP @ 1895
TGT @ 2400
Can't you Hold ? Stop Loss would be below 20 EMA @ 1625
disclaimer: this is only for educational purpose. Not a buy/sell call. I am not responsible for your pro
MASTEK - DOUBLE BOTTOMStudy - Stock forming double bottom from 0.618 golden zone level of Fibonacci. Stock Can be considered as Reversal formation.
SL - Below 0.618 level zone 1457 and
Target - 2316, 2679
This chart is only for educational purpose. Do your own study before taking any trades. Learning purpose st
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
sweet chart.this is a perfect example of accumulation and trend change. can go to complete the round bottom with target of 3500
Good Move today. These stocks when giving move because of good Earnings(high volume) with stock changing its trend from Down to Up will easily give you 20-30% returns swiftly. I would try to enter near retest point which will give me favorable risk reward ratio. But then again, if it crosses today's high and sustain
Mastek LtdMastek Ltd
Mastek is a provider of vertically-focused enterprise technology solutions. Having its presence in IT industry for almost 4 decades, Mastek Ltd has evolved from an IT solutions provider to Digital transformation partner.
ROCE 25.1 %
ROE 19.9 %
Debt to equity 0.24
Sales growth 21.5 %
i am
BREAKOUT, MASTEK, 58% RETURNS!!!BUY - MASTEK
CMP - Rs. 2291
Target - 1: Rs. 2958
Target - 2: Rs. 3638
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Timeframe - 4-8 months
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Technicals - Bullish Flag Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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Mastek : Strong quick upmove possibleMastek :
Strong breakout
Good possibility of a quick 5 to 10 percent upmove
See all ideas
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