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 !!!
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...
In 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
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.
Mastek Limited (Mastek) is an information technology (IT) solutions provider. The Company and its subsidiaries are providers of vertically focused enterprise technology solutions. The Company's segments include UK, North America and Others. The Company's portfolio includes business and technology services, which consists of IT consulting, application development, systems integration, application management outsourcing, testing, data warehousing and business intelligence, application security, customer relationship management (CRM) services and legacy modernization. The Company specializes in developing, maintaining and managing digital solutions for clients in government, health, retail and financial services. The Company carries out its operations in the United Kingdom and India, and has its offshore software development centers in India at Mumbai, Pune, Chennai and Mahape.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
MASTEK
