Mastek Box Breakout: Opportunity for long
Stock of the Week: #Mastek
Entry Price: 1368.95
SL: 1169.95
Position Sizing: 23%
Reason: On Jan 18, it fell with the highest volume but after that, we haven't witnessed much fall rather it trade within that range. Now it breaks that range with the increasing volume which may lead to hitting a new all-time high.
NB: This will be our second accumulation. Previously we bought it at Rs.1234.
Entry Price: 1368.95
SL: 1169.95
Position Sizing: 23%
Reason: On Jan 18, it fell with the highest volume but after that, we haven't witnessed much fall rather it trade within that range. Now it breaks that range with the increasing volume which may lead to hitting a new all-time high.
NB: This will be our second accumulation. Previously we bought it at Rs.1234.
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