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.
Stock 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 analysis
Please 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...
#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...
#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...
NSE: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.
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:
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1) Impulse upmove stage: The strong upmove (nearly upto 2% from...
#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...
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.
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-568
About 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...
1. 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)
*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 trade
