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MASTEK - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

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IntraDay 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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