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MASTEK-TREND FOR MEDIUM-LONG TERM


UP- 2 Probability ratio of MASTEKDOWN-83
Updated-May/27/2013-CMP-122.8 Overall trend of the share is bearish for medium-long term .Currently share is in strong downtrend with good momentum but volume is unsatisfactory Noting point is selling at lower levels seems decreasing Immediate support for share is 120.8 Resistance for the share is 126.1-127-127.1-128.6-130.8-135.3-
NOTE-Share comparitive performance is not up to market . The MASTEK is now trading in overbought level. The oscillator is showing SELL signal Candle Pattern shows some weakness For long term share is in SELL level .Currently share is in SELL position.The medium sell signal is supported by 80 % indicators and long sell signal is supported by 80 % indicators.
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