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Showing posts with label mastek ltd. Show all posts
Showing posts with label mastek ltd. Show all posts

Mastek Ltd Bombay stock exchange technical chart updated on 23rd June 2015, Tuesday.


MASTEK LTD


Mastek limited Bombay stock exchange technical chart indicates that stock has formed rectangle pattern in daily chart, trend will be mix as long as it trades in between.
Sharp movement is expecting once stock comes out from its pattern. Close watch stock is trying to break it on upper side.

MASTEK LTD facing strong support at current levels, bounce back can be seen as long as holds above 380.


MASTEK LTD


  • Stock facing strong fibonacci retracement support at current levels @ 380, chart indicates as long as stock holds above bull move can be seen.
  • Stock also facing 50 DMA support at current levels, as long as stock holds above 50 DMA bulls will be favored.
  • On upper side mastek will find strong resistance around 425 its previous high.

MASTEK Failed to close above its major resistance @ 390.


MASTEK


  • Stock has showed sharp bull rally from 250 - 410 and that too with increasing volumes that too supported bulls.
  • But Mastek has failed to close above its major resistance @ 390 its 161.8% fibonacci retracement.
  • Stock can see some further correction as per technical analysis as long as holds below 390. Close Watch.

MASTEK LTD- Technical Analysis Chart- Stock on the verge of breaking out its Golden Ratio - Fibonacci Retracement Resistance. (Updated On 04th July, 2014, Friday).





  • MASTEK LTD is moving up strongly from trend line support, close watch charts indicates stock to favor bulls.
  • Daily chart also indicates Mastek is moving up from 20 days moving average, as long as stock holds above it will favor bulls.
  • Stock is now facing strong Golden Ratio - Fibonacci Retracement resistance around 206, If stock closes above its golden ration then looking bullish for next 1-2 days. Close Watch.



MASTEK LTD - Stock facing strong support - Tips On Shares. Dated:21st May 2014 (Wednesday).







  • MASTEK facing strong 50% fibonacci retracement support in weekly charts.
  • Stock also facing trend line support at current levels in weekly charts as shown above
  • Close watch stock currently trading below 200 days moving average in daily chart, Mastek must start trading above 200 days moving average to favor bulls.
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