good buy level
Previous resistance line acted as Support line! Also BO of dotted line
in weekly chart, price bounced from horizontal support, trend line support. Also hidden bullish divergence found here. At cmp - 111.85, tgt - 160.
Pattern: based On Price Action Cmp: 100 sl: 90 target: 120, 130+ Trigger: Buy on Dips upto 95
on the verge of breakout
lost opportunity. be patient for pullback.
One can buy the stock for target of 168 stop Loss 137. Potentially very fast rewarding & reliable trade.
As 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.
