DATAMATICS trade ideas
DATAMATICS TARGET UPDATE 25-8-2020Recently breakout happened.. so one can look fresh near 64-66 for upside possible levels 75 and 82.. Refer chart for more details..
#DATAMATICS116.50*1.23 = 143.29 = Achieved
Goto next strength candle low = No candle in place!
Use BoxBO Target method or retracement method
Datamatics H&Spossible H&S on daily, volume drying up
Support level at 94
otherwise buy if i breaks TL
Datamatics - Sign of trend reversalDatamatics is showing signs of trend reversal with symmetric triangle formation. breaking above the triangle will make it go above 150 levels
Go long above 111
T1 - 130
T2 - 150
SL - 91
long on datamatic looks like heading towards north buy datamatic around 117 tgt1 199 tg2 ---122 tg3-- 128
and st --114
Datamatics looks bullish in medium term.in weekly chart, price bounced from horizontal support, trend line support. Also hidden bullish divergence found here.
At cmp - 111.85, tgt - 160.
Buy Datamatics one of My favourte SetupOne can buy the stock for target of 168 stop Loss 137. Potentially very fast rewarding & reliable trade.
Datamatics Global-Awaiting Cup and Handle Breakout-Potential BuyAs seen in Datamatics Global 96-99 levels has been an important resistance level, which it has failed to breach in the past as can be seen by the red arrows. A close above 99 would be an entry in this stock. It is also near all time high.
