DATAPATTERN // 02-06-24 // at Support Area This share trading at support area, may give 12% profit. Take position as per your risk reward ratio and that is not recommended only for educational purposes.Longby praveenmosas0
Rising Wedge patternGood volume build up in daily time frame. Rising wedge pattern breakout with good volume. wait for conformation either retest on trendline or breakout of high of current candle with good volume and should sustain above it. NOTE: i do my analysis, do yours before trade.Longby GreyandWise1
DATA PATTERN 📈 📈 Could move upward to 📈 8200 -- 8300 Within ( 25th Nov 2024 -- 7th April 2025 ) Disclaimer: Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.Longby Kilopapa224
Clock up 📈 2500 within 10th Aug -- 11th Oct Disclaimer : It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises. Longby KilopapaUpdated 445
Breakout Soon in Data Patterns Bullish Wedge Breakout setup RSI near 65 and rising Trading above EMA50 Volume accumulation Result on 18th May, can influence the direction Keep in your watchlist !Longby plus_charts5
Data Patterns Ltd: Analysis & Trading InsightsAnalysis: Data Patterns Ltd. boasts a market capitalization of 15,747 crore with a high PE ratio of 94.90 and a beta of 1.09. Its 52-week high/low is 3,208.95/1,512.00. The stock is currently exhibiting a descending channel pattern, finding support at the 200 EMA while facing resistance from the 20/50/100 EMAs. Friday's trading session, on 10/05/2024, closed with a doji pattern, indicating indecisiveness among buyers and sellers. Despite its strong fundamentals, including a high PE ratio, PB ratio, and EPS, investors should conduct thorough research before considering trading or investing in Data Patterns Ltd. Disclaimer: The following analysis is for informational purposes only and should not be considered as investment advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions. Investing in stocks carries inherent risks.by NeuroTechTrader2
Data Patterns (India) Ltd - Long Setup, Move is ON...#DATAPATTNS trading above Resistance of 3048 Next Resistance is at 4066 Support is at 2136 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 MandeepSinghKohli225
Data patterns analysis1.Moving averages - 21 Ema above 50 -50 Ema above 200 -Gap between Ema seems better 2.uptrend continues observed 3.Good pivot levelsLongby selvat070
Breakout soon in DATA PATTERNSCup & Handle Breakout Setup RSI above 65 and rising Trading above EMA50 Volume increasing Enter after confirmation Disc: for study, not a recommendation Longby plus_charts5
Cup & Handle Pattern Cup & Handle Pattern DATAPATTNS + Good prior Uptrend + Low Volume during pull back + Trading above Key EMAs by ChartShala3
DATA PATTERNS TGT 2800- 2980Data Patterns (India) Ltd. is an interesting chart with following 1. RSI on all time frames above 60 2. Price forming ABCD Pattern on weekly chart 3. Narrowing Bollinger Bands and price on upper bollinger bands on weekly chart. 4. Price movement during last week with huge Eiffel tower size volume candle. 5. Major Support near 1850-1870 zone Can be a good risk reward with buy on dips and dips only Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.Longby rajivrajeevUpdated 1
DATA PATTERNS Near strong supportData patterns would continue its rally after long consolidation. It took support multiple times on the same levels, and it is showing the reversal sign. for short and long term CMP is looking attractive with 15% of risk. Initial target would be - 2470 Stop loss would be below - 1750 Longby ThariprasadUpdated 2
DATAPATTNS - Weekly Chart Analysis, CMP-2698Breaking out of 25 week long base of 30% range, the stock is showing strength after sustaining above it for the 2 weeks now. On the monthly timeframe it has retraced to 38.20% and shown strength thereafter. On the daily timeframe we see it taking dynamic support of all the key moving averages and coming out of the resistance and retesting it again. So now, 2372-2485 shall act as a support and on the downside the risk will be weekly close below these levels. But ideally 2250 shall be kept as risk level where a weekly close below this would negate our view in this counter. On the upper side 3220 - 3625 - 4140 are the levels as per the trend fib that can be tested in the long term. Disclaimer: I am not SEBI registered analyst. Also, the view shared above is my personal analysis and not a buy or sell recommendation. It is shared for learning and educational purpose. If you intend to trade or invest in this counter that i would suggest you to do your due diligence and seek guidance from your financial advisor.Longby marketmoneymohmaya0
Broke resistance & Closed above Psychological zone of 2000 1. RSI and Volume: RSI is rising, indicating increasing buying pressure. Volume is high, confirming the breakout and suggesting strong bullish momentum. 2. ADX and MACD: ADX is rising, showing strength in the uptrend. MACD has likely experienced a bullish crossover, supporting the bullish move. 3. Higher Highs: The stock is making higher highs, indicating growing confidence among traders. 4. Crucial Levels: Breaking above the psychological zone of 2000 with high volume and closing above resistance suggests strong bullish sentiment. Keep an eye on Data Pattern for potential bullish opportunities.Longby MarketikUpdated 2
Data Pattern: Potential Long Price took bounce from its support zone ~ 1800 level + took 50 ema support Price has been consolidating from last 16 bars or 112 days and attempting for a breakout Momentum is building up slowly There is a supply area near 2200 levels, will initiate a entry with a small quantity and once price sustains above 2050 level will get a final confirmation. Note: This is just for analysis purpose, please do your own research before punching any orders. 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView Longby DebasisTUpdated 3
DATAPATTNS - 5 months consolidation / Downtrend Breakout Data Patterns (India) Ltd 1) Time Frame - Daily. 2) The Stock has been in a downtrend / consolidation since (September, 2023). Now It has given a breakout & Closed at it's 5 months High with good bullish momentum in Daily Time Frame. 3) Option 1 - With the strong 5 months consolidation breakout in Daily, Buy at this current level. Option 2 - Wait for the strong weekly candle's close above the price 2175.40. 4) Next target will be it's All Time High (2485). 5) Recommendation - Strong BuyLongby SHRIHARIIUpdated 3
DATAPATTNS The stock has decisively cleared its previous all time high of 2485. The Weekly MACD has also crossed above its Trigger line. The recent rally has been supported by high volumes. Past price moves suggest that the up-move is expected to continue and test 261.8% FR level around 3700. Bullish outlook remains intact as long as prices sustain above 2485. Longby CourtroomInvestments1
6 month consolidation BO + Golden Crossover + Flag FormationA 6 month basing consolidation BO has happened. Even a golden crossover has occurred. If one were to observe carefully, its even a flag formation (BO of flag yet to happen). One can take a small entry now and a full (position size) entry after flag BO with a strict SL of 2350 closing basis. As per consolidation the possible levels that can be achieved are 3200, but trailing the SL is always a better way to trade. --- --- --- A trader understands that the price of the stock is the only true indicator. The stock's price backed by volumes has factored in all the knowns, unknowns, dreams and impulses of all those who are in the market. - A. D.Longby srjatav1
Defence Stock breakout After consolidation Breakout with volume Breakout and sustain above life time high Focused on defence stock No recommendation for buy and sell Longby investigationofchart0
Data Patterns : Breakout in progressDATAPATT : Descending triangle breakout in progress Strong resistance around 2100 -2150 levels, need to sustainLongby roshansaiUpdated 1
Data Patterns India - LongData Patterns India - Long As of today, suitable for Short-term Trade / Swing Trade Price levels Buy & Accumulate Area: ₹ 2189.15 to ₹ 2333.10 to ₹ 2477.05 Target 1: ₹ 2682.00 Target 2: ₹ 2943.05 Major Resistance: ₹ 2477.05 Immediate Support: ₹ 2189.15 Major Support: ₹ 1723.15 Stoploss: ₹ 1961.2 Trade and Invest Wisely with your knowledge! Good Luck! You can also see my other stock analysis and the results in my profile ideas. Please follow me, If you would like to see more ideas on winning stocks. **Disclaimer: I am NOT a SEBI registered consultant/Advisor (and NOT any country-authorized board registered consultant/Advisor). It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advice or any recommendations on stock/Forex/Coin buying or selling. Please do your research and consult with your financial advisor before taking any action. I am not responsible for any of your actions on buying, selling, or holding the above-mentioned stock or/and index or/and Forex or/and coins.Longby pmosesoliver3
pump incoming???looks good above 2100+ what do u think???? probable 70% chance of an up-move SL 15-20% looks fine TP 50-70%+ looks achievable Longby mightymunnaUpdated 222
Amazing breakout on Weekly / Daily Timeframe - DATAPATTNSCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME. PS: No new Nifty500 script can escape from me when making a breakout. :-) PS: This script is shared 1-2 days delayed. Sorry for the delayed charts. Longby Yoyohoneysingh931