Mastek CMP 148.7
-- All time high 1544 ( Feb 2000 software boom).
Fallen from recent high of 512 ( March 2015 ) to the recent low of 104.50 ( Mar 16).
In last month it went to high of 153.90 & breached the March 16 monthly high of 154.4, with 10 times volume that of previous month.
With that it gave BUY signal on monthly chart.
Expect a retarcement up to 133 - 36, where the daily medium as well as short term EMA are, chance to BUY as next resistance is monthly long term EMA, which is now at 179.2
The market does speak ...... we only have to listen.
Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations.
We will not be responsible for losses purportedly arising from the use of our recommendations
Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations.
We will not be responsible for losses purportedly arising from the use of our recommendations
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