MASTEK NSE:​MASTEK

Has to cross 632 for crossing 1/1 angle and turn bullish. Support at 432

Falling wedge breakout with good volume

Educational Purpose only. Looks good above 630 on closing basis.

Buy MASTEK upon a close above 607 T1: 650 T2: 720 SL: 568

560 then 660

Mentioned on the chart

looks like a double bottom in the 30 min, these type of moves are generally solid, but lets see

In daily, price trading above strong resistance zone, volume supporting the up move, also hidden bullish divergence formed here, https://in.tradingview.com/x/1pwU4hbH/ in weekly, candles are riding the upper BB and BB is expanding and trending up, https://in.tradingview.com/x/WPx2yKVG/ 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. https://in.tradingview.com/x/VjBcbQkh/ sl - 285, tgt - 362

MASTEK BUY ABOVE 366.5 SWING+CROSSED DARVAS BOX LEVEL PLZ CHECK CHART FOR MORE INFO

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.