yayayyyydatamatics have come back strong and broken out and restested. first time have been able to catch this stategy, hoping it give us the same 22% result like it did last time -by nehpri691
Datamatics Long (Positional)BO TRADE Datamatics Looks Good ABOVE 634.55 SL 513 Targets 733-831-929-1027-1223 Hold few months Please consult your financial advisor before investing All research for educational purposes only. Reversal from bottom, RSI is shifting in upper direction. Stock is ready to cross past barriers with good volumes.Longby IOTABHI3
#DATAMATICS (Weekly)⚡️Almost Debt Free ⚡️Ascending Triangle Pattern Breakout & Retest ⚡️11 weeks tight consolidation ⚡️Rectangle Pattern ⚡️Surfing along 21 WEMA 🔴 SL 680 🟡 CMP 715 🟢 TGT 787/894/1073Longby pranav4930
Datamatics Bullish #PriceactionStock has made a Higher high and consolidated for a long. and in recent fall the stock didnt fall much and holding and now formed a Bullish Priceaction. Follow Risk management. Do ur own analysisLongby VishnuDeepan2
DATAMATICS Near BO (Watchlist)DATAMATICS Near BO with decent volume spike, 52 W BO, ATH BO. Good Watchlist Candidate to see if it breaks the previous high.by HawkishDoveUpdated 5
Resistance Breakout - DATAMATICSPlease look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1%-2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn thinking for long term.Longby Breakout-Ideas2
Datamatics Global Services Limited - Long Setup, Move is ON...#DATAMATICS trading above Resistance of 701 Next Resistance is at 956 Support is at 524 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.Longby MandeepSinghKohli2212
Datamatics Global Services Limited - Long Setup, Move is ON...#DATAMATICS trading above Resistance of 609 Next Resistance is at 701 Support is at 440 Here are previous charts: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.Longby MandeepSinghKohliUpdated 116
Datamatics Clean BreakoutNSE:DATAMATICS has given a clean breakout and a stop loss at 660 can be followed for this share. It should do well over the next few weeks. It went under a strong consolidation and is now on the up-move.Longby jatin_agarwal2
DATAMATICS Bullish; above 625 on Thursday 28th September DATAMATICS Bullish; above 625 on Thursday 28th September Please check out the INTRADAY Trading Strategy in the COMMENTS section below during the live market hours: --------------------------------------------------------------------------------------------------------------------- 1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday. "High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also 2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage 3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again. Both Safe Traders/High Risk Traders may book profits at this stage Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice" The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.Longby JJ_BreakoutsUpdated 1
Datamatics bullish view bullish view, pullback/retracement, weekly volume growing, price increasing, trending upside for 10 to 15 percent. Good RR, first target 785, SL 3 percent.Longby drsathya12
Datamatics Global Services Limited - Long Setup, Move is ON...#DATAMATICS trading above Resistance of 524 Next Resistance is at 609 Support is at 382 Here is previous chart: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.Longby MandeepSinghKohliUpdated 113
Buy call for Datamatics for short term Bullish Engulfing + increasing volumes + retest Target 610 Sl 535 Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.Longby Priyanshuaggarwall112
intraday, swing, short term; min 70% returs add this to your watchlist and wait. midcap stocks are going to boom. long term investment; min 70% return huge potential is there. investment ; if you are intrested in investmet, go for it with small risk, more possibility is there for breakout. entry-358 target-568Longby TheNuraTradingUpdated 7
#Datamatics ! #Flag&PoleA long wait breakout in Datamatics! Flag&pole breakoutLongby CA_ChetanbhasinUpdated 3
Multi Months Symmetrical Triangle Breakout Seen in Data MaticsAbout Company:- Datamatics Global Services Ltd is a global provider of Information Technology (IT), Business Process Management (BPM) and Consulting services. The Company provides business aligned next-generation solutions to a wide range of industry verticals that help enterprises across the world overcome their business challenges and achieve operational efficiencies. Market Cap ₹ 2,041 Cr. Current Price ₹ 346 High / Low ₹ 364 / 234 Stock P/E 11.0 Book Value ₹ 178 Dividend Yield 1.08 % ROCE 24.8 % ROE 19.5 % Face Value ₹ 5.00 Debt ₹ 21.3 Cr. EPS ₹ 32.0 PEG Ratio 0.44 Promoter holding 70.9 % Intrinsic Value ₹ 357 Pledged percentage 0.00 % EVEBITDA 6.79 PROS Company has reduced debt. Company is almost debt free. Company has delivered good profit growth of 24.8% CAGR over last 5 years CONS The company has delivered a poor sales growth of 9.90% over past five years. Promoter holding has decreased over last 3 years: -3.26% Working capital days have increased from 95.4 days to 147 days Well i have done my analysis in it, and i found it a profitable bet for future. Technically and fundamentally it is looking good. We have already seen a multi months symmetrical triangle breakout in it. A huge upside momentum expected from here. For trading perspective i already written levels on chart. But according to me this is best to time enter for long term. All the data showing very positive for this ticker. In coming 6-7 years we can see 800-1000% returns in it. So take position accordingly. If you are planning for trading purpose then please follow strict stop loss. Please guy's if you like my then please support me by like and follow and please tell me your view regarding this company in comment box, i would be happy to reply there. Thankyou:-)) Longby TraderRahulPalUpdated 6
Pole & Flag Pattern Breakout1. Pole & Flag Pattern Breakout 2. 1 Year of consolidation 3. Breakout range is Big (Pull back is advisable) 4. Ultimate Targeted profit is 1:28+ RR (Long term positional view as per ultimate target)Longby The_SharkTrader1
DataMatics*DataMatic* Time Frame- Daily Study - A good volume build up seen with reversal in relative strength, outperforming the benchmark - NIFTY. Entry Above - 360 SL- 345 T1- 382 T2- 406.5 *Note*- R-364 means rejection at 364 level with high volume This chart is only for educational purpose. Do your own study before taking any tradeLongby be_you_akshayUpdated 224
Datamatic Bullish - Blast Key Points: - After 600 days consolidation great breakout - RSI crossed 70 and above RSI MA - All EMA crossed and good potential of up-move - Resistance Level breakout In Gujarati “ Bhav is Bhagwan ” Disclaimer : I am not a SEBI registered Analyst. Please do your own Analysis before taking any trade/investment. The above view is just for educational purpose only Longby Alpha99820
Datamatics Global Darvas Box FormaitonDatamatics has formed a Darvas Box and is attempting a breakout. A close above 360 would initiate a Buy and that level would then act as a stop loss. Keep a close eye for any positive movement. Long consolidation has happened and a solid breakout would ensure a good run in the stock going forward.Longby jatin_agarwal446
Solid Q4 & base breakoutHas given breakout above consolidation, clear sky above some resistance. Solid set of Q4 results.Longby vinaybansal990110
DATAMATICS Weekly Breakout trade. PS: Do your own research Drop in your doubts in comments section Longby ARAVINDKUMAR241