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Technicals for Mastek Limited
By MusingTheNews
2025-07-16 20:45
Overall Technical outlook
Price Summary
On 2025-07-16, Mastek Limited's stock opened at 2524.0, peaked at 2600.0, hit a low of 2510.1, and closed 1.34% higher at 2557.7, with 92454 shares changing hands. In the last 52 weeks, the stock's top price was 3270.85 and the bottom price was 1958.45. MASTEK's future price is expected to lie between 2497.0 and 3320.0, with an average expectation of 2918.5, as per the recommendations of 6 analysts.
Technicals
Support and Resistance: With the current price at 2557.7, support is found at 2455.55 and resistance at 2611.4. These levels indicate where buyers might step in at 2455.55, while sellers could limit gains at 2611.4, defining a trading boundary for Mastek Limited. Support/Resistance for MASTEK
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for Mastek Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for MASTEK. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Mastek Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum. Parabolic Stop and Reverse chart for Mastek Limited
Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Stochastic chart for Mastek Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages for Mastek Limited are currently aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that this bearish momentum may be weakening. This could indicate an upcoming shift towards bullish price action, as the loss of downward momentum might lead to a potential reversal in the market's current trend. Tripple SMA chart for Mastek Limited
Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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