#MASTEK is setting up for an up move.
🎯Setting up good near Line of Least Resistance.
🎯Qty Earnings & Sales have been growing since last year.
🎯Healthy growth in annual EPS, Sales & Operating Profit.
🎯Low Debt to Equity.
🎯ROE: 24%
🎯Excellent CANLSIM ratings.
Tracking it!
More from Ravi Sharma
But I can give you some pointers-
1) Choose stocks in Stage 2 with RS > 75
2) Identify these setups - Cup with Handle, High Tight Flag, Rectangle, VCP, Squat, Low Cheat, 3-C.
2) Wait for the significant contraction in daily range, volatility & Volume.
How do u screen stocks???
— \u2206bhishek Jain (@AbhishekTMM) August 6, 2021
I have made some minor tweakings to this timing model since this tweet but it still will give you an idea and primer 👇
Trading 101 with SmallCap Index
— Ravi Sharma (@StocksNerd) August 20, 2019
1. Swing trades when bullish divergence in MACD-H forms
2. Breakout trades if Index closes above 22-Day high
3. Pullback/Pocket Pivot trades if Index consolidates constructively while13-EMA>22-EMA
4. Sell, go cash if Index breaches 10-Day low, NQA pic.twitter.com/u8VjXrU0Re
More from Mastek
TSL hit 📉
Though at CMP; Time to stack in 📈 for targets of 2620 followed by 2720.
#StockMarket https://t.co/IHHpv2bU2w
#MASTEK Update
— Gurleen (@GurleenKaur_19) July 23, 2021
2800 Hit; 70% Booked and rest Holding for a target of 2900.
#StockMarket #StockToWatch https://t.co/gQTyzf4IUS pic.twitter.com/fp9hrZyv7d
#MASTEK
Adding 40+ customers every quarter from an year
650+ active clients
Met 150+ customers/partners virtually in last 40days
Focus to accelerate US growth-have strategy in place
960cr cash on books
Looking for organic+inorganic growth
#CNBCTV18Exclusive | Catch @_anujsinghal, @_soniashenoy & @SurabhiUpadhyay in conversation with @HiralChandrana who was appointed as global CEO of #Mastek last month. He says that a big part of their strategy is to grow in the US. @Reematendulkar pic.twitter.com/nRnfGoGHTp
— CNBC-TV18 (@CNBCTV18News) August 18, 2021