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(MASTEK) Mastek complete technical analysis [charts+indicators] | Buy/Sell Mastek | (MASTEK) share price targets

Complete technical analysis of Mastek (MASTEK) by charts plus indicators, forecast predictions and share price targets for Mastek (MASTEK)

Mastek trades in NSE in IT Software Products sector.

Showing technical analysis as on 2024-02-08 View latest technical analysis

10 day averaged volume of Mastek is 87489

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	2945.55	2971.95	2982.35	2923.35	0.367 times
07 Wed Feb 2024	2942.35	2994.90	3002.00	2913.00	0.629 times
06 Tue Feb 2024	2962.10	2895.00	2991.35	2895.00	1.307 times
05 Mon Feb 2024	2894.60	2947.95	2947.95	2877.30	0.467 times
02 Fri Feb 2024	2947.95	2865.00	2990.00	2845.10	1.06 times
01 Thu Feb 2024	2851.20	2840.00	2868.00	2808.45	0.407 times
31 Wed Jan 2024	2848.85	2718.00	2865.00	2718.00	1.03 times
30 Tue Jan 2024	2740.15	2817.00	2817.00	2735.10	0.708 times
29 Mon Jan 2024	2792.10	2759.95	2877.60	2736.60	1.586 times
25 Thu Jan 2024	2748.50	2705.00	2766.45	2683.60	1.141 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2937.3, but if it comes below 2937.3, then a intra day sell could be more profitable.
If you take a sell trade below 2937.3, then use 2937.3 as stoploss and 2850.12 as target. However if you take a buy trade in stock , then use 2937.3 as stoploss and 3041.8 as target.

Share price targets for Mastek (MASTEK)

Target Type	Value
Downside Target	2103.05
Downside Target	2198.00
Downside Target	2329.55
Downside Target	2478.05
Downside Target	2615.10
Downside Target	2673.30
Downside Target	2808.45
Downside Target	2937.00
Upside Target	2955.95
Upside Target	2990.00
Upside Target	3002.00
Upside Target	3069.90

Intraday share price targets for Mastek (MASTEK)

Target Type	Value
Downside Intraday Target	2881.23
Downside Intraday Target	2816.92
Upside Intraday Target	3005.93
Upside Intraday Target	3066.32
Downside Intraday Target	2941.62

Weekly technical analysis of Mastek (MASTEK)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	2945.55	2947.95	3002.00	2877.30	0.578 times
02 Fri Feb 2024	2947.95	2759.95	2990.00	2718.00	0.956 times
25 Thu Jan 2024	2748.50	2927.25	2937.00	2615.10	0.343 times
19 Fri Jan 2024	2912.90	2902.00	3069.90	2825.60	2.328 times
12 Fri Jan 2024	2867.40	2734.35	2955.95	2673.30	1.432 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Mastek (MASTEK)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	2945.55	2840.00	3002.00	2808.45	0.126 times
31 Wed Jan 2024	2848.85	2800.00	3069.90	2615.10	1.003 times
29 Fri Dec 2023	2817.60	2405.00	2860.05	2329.55	3.088 times
30 Thu Nov 2023	2374.65	2208.00	2480.00	2198.00	0.716 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Mastek (MASTEK)

Price action analysis of Mastek ( (MASTEK) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mastek ( (MASTEK) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Mastek ( (MASTEK) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Mastek stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Mastek in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mastek Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Mastek in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mastek is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2858.98 and Mastek (MASTEK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Mastek (MASTEK) stock. Volume based technical analysis of Mastek (MASTEK) stock is negative.

Mastek Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.