BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in DATAMATICS
BUY TODAY SELL TOMORROW for 5%
DATAMATICS trade ideas
DATAMATICS TGT hit!! Lets see why this stock is doing so well! Why It’s Rising
Tie-up with Microsoft and entry into the AI Copilot space added strong growth narrative.
Financials remain stable, with YoY profit improvement despite margin pressures.
Innovative AI credentials and patent wins help differentiate its tech stack.
Technical setup reveals strength, while long-term returns show investor confidence.
DATAMATICS: Consolidating before a breakout!⚡️Price Analysis:
1️⃣ Price lacking strength for now.
2️⃣ Structure is somewhat okay but not that great to be honest.
✨ Key Observations:
➡️ Risky bet.
➡️ Aggressive entry can be made around 600 w/ 10-15% SL.
➡️ 1:3RRR can be expected
➡️ I'm bullish on the IT sector.
➡️ Trump in the US can trigger a massive bullish momentum in the IT sector overall in the US which in turn will have a ripple effect on the INDIA Tech Sector.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Share your thoughts below in the comments✌️
🔥 Happy Trading!✅🚀
DATAMATICS - Breakout TradingView : Bullish
Entry Zone- 700- 650
Exit - 760 above
Stoploss : Close below 630
Risk/Reward Ratio: 1:1
Timeframe: Daily and Weekly
Notes: The trendline has broken out of the triangle, and the price is now above the narrow monthly CPR. The price has been consolidating since May 2023.
* This is not a trading recommendation, for educational purposes only
DATAMATICS Trading in Demand Zone of ₹562.65 to ₹537.1DATAMATICS is currently trading at ₹558.1, placing it within a demand zone ranging from ₹562.65 to ₹537.1. This zone was last tested on June 10, 2024, and could serve as a support area. Investors may consider monitoring the stock for potential buying signals or a rebound as the price moves within this zone.
Digital Technologies Co. Stock given Breakout bullish patterenDatamatics global services Ltd, and it is a Digital Technologies, Digital Operations, and Digital Experiences company that enables enterprises to go Deep in Digital to boost their productivity, customer experience and competitive advantage. Datamatics enables enterprises to combine various relevant Digital Technologies to improve productivity and customer experience to build sustainable competitive advantage
Technically stock has given breakout of symmetrical triangle pattern
Fundamentally stock is really awesome, companies management is very good, they understand the business very well, as there is too much competitions in their business but still they are surviving like a leader in sector. It is really a good bet for long term as welll as short term
For short term to medium term targets and stop loss, i already have mention on chart above. Please follow stricly
Market Cap
₹ 4,088 Cr.
Current Price
₹ 693
High / Low
₹ 792 / 450
Stock P/E
21.7
Book Value
₹ 208
Dividend Yield
0.72 %
ROCE
21.2 %
ROE
16.6 %
Face Value
₹ 5.00
Industry PE
40.7
Debt
₹ 17.4 Cr.
EPS
₹ 31.6
Promoter holding
66.4 %
Intrinsic Value
₹ 382
Pledged percentage
0.00 %
EVEBITDA
14.3
Change in Prom Hold
0.00 %
Profit Var 5Yrs
20.8 %
Sales growth 5Years
6.46 %
Return over 5years
57.3 %
Debt to equity
0.01
Net profit
₹ 186 Cr.
ROE 5Yr
15.6 %
Profit growth
-4.54 %
Earnings yield
6.08 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades
Digital Technologies Co. Stock given Breakout with huge VolumeHello everyone, i hope you all will be doing good in your life and your trading as well, today i have brought a stock which has given a breakout of symmetrical triangle pattern with huge volume spike , generally whenver you see huge volume on the same day of breakout you can consider that as a healty breakout of that perticular company. Stock name Datamatics global services Ltd, and it is a Digital Technologies, Digital Operations, and Digital Experiences company that enables enterprises to go Deep in Digital to boost their productivity, customer experience and competitive advantage. Datamatics enables enterprises to combine various relevant Digital Technologies to improve productivity and customer experience to build sustainable competitive advantage.
Technically stock has given breakout of symmetrical triangle pattern and stock is sustaining above to breakout levels and currently it is above to 200-DEMA , which is a good sign of bullish reversal. MACD also suggesting a bullish crossover.
Note:- I have not placed MACD & 200-DEMA on chart to make chart crytal clear.
Fundamentally stock is really awesome, companies management is very good, they understand the business very well, as there is too much competitions in their business but still they are surviving like a leader in sector. It is really a good bet for long term as welll as short term . if you are planning to invest for long term, then i will suggest you to go and start SIP in this. For short term to medium term targets and stop loss, i already have mention on chart above. Please follow stricly.
Market Cap
₹ 4,088 Cr.
Current Price
₹ 693
High / Low
₹ 792 / 450
Stock P/E
21.7
Book Value
₹ 208
Dividend Yield
0.72 %
ROCE
21.2 %
ROE
16.6 %
Face Value
₹ 5.00
Industry PE
40.7
Debt
₹ 17.4 Cr.
EPS
₹ 31.6
Promoter holding
66.4 %
Intrinsic Value
₹ 382
Pledged percentage
0.00 %
EVEBITDA
14.3
Change in Prom Hold
0.00 %
Profit Var 5Yrs
20.8 %
Sales growth 5Years
6.46 %
Return over 5years
57.3 %
Debt to equity
0.01
Net profit
₹ 186 Cr.
ROE 5Yr
15.6 %
Profit growth
-4.54 %
Earnings yield
6.08 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
NSE:DATAMATICS -- about to Trend BreakoutNSE:DATAMATICS -- about to Trend Breakout
Disclaimer:-
This is only for educational purposes. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time.
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.
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.
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.
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.