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Umang Bhutada

19th May · SEBI-Registered Analyst

Mastek – Reversal

MASTEK
Important Levels: Support: 2,150 – 2,050 Resistance: 2,400 – 2,550 Structure: Downtrend slowing → recovery attempt Business: Cloud, AI, digital engineering services Strong government + enterprise projects Growing global presence Earnings: Mixed quarterly performance Margins stabilizing Deal wins improving sentiment Verdict: 👉 Recovery candidate 👉 Needs confirmation before aggressive entry

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