Mentorship

Missed Mastek Rally? Here’s How Gann Levels Predicted It!

gann levels gann square of 9 mastek price action Jul 31, 2026
missed-mastek-rally-gann-levels-predicted-it

When we combine Simple price action along with Gann square of 9, it helps to form powerful setups with accuracy.

Check out the research below on Mastek, we had covered this stock previously in our Vayu dated on 17th July 2026.

Mastek Ltd Daily chart Anticipated as on 17th July 2026

Anticipated as on 17th July 2026

On the daily chart, in the previous session, MASTEK witnessed strong buying pressure covering previous two sessions losses despite broader market indices displaying weakness, the stock managed to outperform and closed with a strong gain of 4.5%.

Along with that, it can be observed that the stock has slowly shifted its multiyear long trend from Lower Highs and lower lows to Higher high and higher low pattern which is a positive sign. Also, the stock can be observed trading within an Ascending triangle pattern which in this case is considered as a reversal pattern. However, a break above the pattern is needed to confirm the same.

Gann square of 9: Post taking the Gann support of level 1333 prices have sharply reversed on the upside and is now heading towards the next Gann resistance of 1807 level which has acted as a strong resistance to the prices before reinforcing the effectiveness of the Gann levels.

Any break above the same can attract renewed buying momentum leading prices higher towards the 1981 or higher.

In a nutshell, the trend for MASTEK is on the upside as indicated by price action and Gann square of 9. For now, any break above the Gann level of 1807 level can confirm the breakout of the pattern and can attract buying momentum towards the key resistance of 1981 or higher.

Key resistance – 1920

Key support – 1680

Trading strategy: Long positions can be initiated once the stock breaks above the 1800-1807 level with target of 1920 and stop loss as 1735 (One can book part tp near 1854-1870 and trail sl to cost)

Mastek Ltd Daily chart Happened as on 31st July 2026

Gann levels and Price Action

  • Post breaking out of the broke 1800 levels MASTEK managed to surge by more than 8% in just one week achieving our target of 1920 and even made a high of 1945 level. Know More
  • it is truly remarkable how combining Gann square of 9 with simple price action can consistently help forecast price targets with such high accuracy.
  • It also strengthens conviction and improves the probability of capturing meaningful price moves.

Conclusion

  • The combination of Gann Level and price action confirmation suggest a strong technical setup. Know More
  • For now, avoid catching tops and traders should prefer using dips as an opportunity to ride the ongoing trend as long as 1705 holds on the downside.

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