MASTEK - IntraDay Trade Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to IntraDay Trade ListIntraDay Trade Rating: 3.4
💻 Intraday Trading Analysis for MASTEK
MASTEK presents a mildly bullish setup for intraday trading, but with some caution due to low volume and technical resistance. Here's the breakdown
✅ Positive Indicators
MACD (15.7): Bullish momentum signal.
P/E (19.4) < Industry PE (29.1): Undervalued relative to peers.
EPS (₹128): Strong earnings base.
Qtr Profit Growth (+28.7%): Excellent recent performance.
FII & DII Holding Increase: Institutional interest is rising.
Trading near 50-DMA (₹2,456): Could act as a pivot level.
⚠️ Negative Indicators
RSI (45.7): Below neutral, showing weak momentum.
Volume (1.06 lakh) < Avg Vol (2.01 lakh): Lower-than-usual participation, which may limit intraday moves.
Price below 200-DMA (₹2,508): Indicates medium-term weakness.
52w Index (38.2%): Far from yearly high, suggesting bearish sentiment.
📈 Intraday Strategy
🔹 If Entering Fresh Today
Optimal Buy Price: ₹2,440–₹2,450 (on dip near 50-DMA)
Profit-Taking Levels
Target 1: ₹2,475 (minor resistance)
Target 2: ₹2,495 (approaching 200-DMA)
Stop-Loss: ₹2,425 (below intraday support and psychological level)
🔹 If Already Holding Today
Exit Signals
RSI drops below 43: Indicates weakening momentum
MACD flattens or turns down
Price fails to hold above ₹2,450 by mid-session
Volume remains below 1.2 lakh with sideways price action
🧠 Final Thoughts
MASTEK is a fair intraday candidate today, especially for short-term scalping near its 50-DMA. The fundamentals are strong, but technical indicators suggest limited upside unless volume picks up. Ideal for cautious trades with tight stop-losses.
Would you like a scan of other mid-cap IT stocks showing stronger intraday momentum today?
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