MASTEK may be add for mid term investment with the target of 110 för NSE:MASTEK av tathoi

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MASTEK may be included in your portfolio once it breakout above the trading range. Price has taken support on above earlier swing high on daily time frame. Now it is printing within tight range since last 19 trading sessions. More it will take time to trade within the tight more there will be the probability to accelerate its upward move. Price has attempted multiple times to breakout above the range but yet to succeed. It would be wise to wait for the break on upward direction and to take position accordingly. As per market structures price may move till 1100

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