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DATAMATICS

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.
NSE:DATAMATICSLong
by MandeepSinghKohli
2
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:-))
NSE:DATAMATICSLong
by TraderRahulPal
DATAMATICSNote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy Trading
NSE:DATAMATICSLong
by SENSITRADE_T
Datamatics (Datamatics Global) Good to go long ?* Uptrend Stock in Day frame * Making Higher Highs * Stock with good volume & Healthy correction * Took Support @ Fibonacci 382 level & closed above 236 levels Long Entry : Above 305 SL : 289 Tgt : 360 *Always Enter With good confirmation & Maintain proper Risk Reward. ******* Knowledge Purpose only ******** >> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades<<
NSE:DATAMATICSLong
by Ravitejasreevatsav
DATAMATICS Long Opportunity 4 Yr BREAKOUTDatamatics is an Indian company that provides consulting, information technology, data management, and business process management services. Its services use robotics, artificial intelligence and machine learning algorithms. PE vs Industry: DATAMATICS is good value based on its PE Ratio (11.2x) compared to the IN IT industry average (24.3x). > Stock has broken 4 Yr Trendline with good volume. > Targets based on past price action.
NSE:DATAMATICSLong
by Kapil-Mittal