#DATAPATTNS trading above Resistance of 3048 Next Resistance is at 4066 Support is at 2136 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...
Cup & Handle Breakout Setup RSI above 65 and rising Trading above EMA50 Volume increasing Enter after confirmation Disc: for study, not a recommendation
Cup & Handle Pattern DATAPATTNS + Good prior Uptrend + Low Volume during pull back + Trading above Key EMAs
Data Patterns is looking bullish with the upside potential levels. Trade with your own risk.
1.Moving averages - 21 Ema above 50 -50 Ema above 200 -Gap between Ema seems better 2.uptrend continues observed 3.Good pivot levels
Data Patterns (India) Ltd. is an interesting chart with following 1. RSI on all time frames above 60 2. Price forming ABCD Pattern on weekly chart 3. Narrowing Bollinger Bands and price on upper bollinger bands on weekly chart. 4. Price movement during last week with huge Eiffel tower size volume candle. 5. Major Support near 1850-1870 zone Can be a good...
Data patterns would continue its rally after long consolidation. It took support multiple times on the same levels, and it is showing the reversal sign. for short and long term CMP is looking attractive with 15% of risk. Initial target would be - 2470 Stop loss would be below - 1750
Breaking out of 25 week long base of 30% range, the stock is showing strength after sustaining above it for the 2 weeks now. On the monthly timeframe it has retraced to 38.20% and shown strength thereafter. On the daily timeframe we see it taking dynamic support of all the key moving averages and coming out of the resistance and retesting it again. So now,...
1. RSI and Volume: RSI is rising, indicating increasing buying pressure. Volume is high, confirming the breakout and suggesting strong bullish momentum. 2. ADX and MACD: ADX is rising, showing strength in the uptrend. MACD has likely experienced a bullish crossover, supporting the bullish move. 3. Higher Highs: The stock is making higher highs, indicating...
Price took bounce from its support zone ~ 1800 level + took 50 ema support Price has been consolidating from last 16 bars or 112 days and attempting for a breakout Momentum is building up slowly There is a supply area near 2200 levels, will initiate a entry with a small quantity and once price sustains above 2050 level will get a final confirmation. ...
Data Patterns (India) Ltd 1) Time Frame - Daily. 2) The Stock has been in a downtrend / consolidation since (September, 2023). Now It has given a breakout & Closed at it's 5 months High with good bullish momentum in Daily Time Frame. 3) Option 1 - With the strong 5 months consolidation breakout in Daily, Buy at this current level. Option 2 - Wait for the strong...
The stock has decisively cleared its previous all time high of 2485. The Weekly MACD has also crossed above its Trigger line. The recent rally has been supported by high volumes. Past price moves suggest that the up-move is expected to continue and test 261.8% FR level around 3700. Bullish outlook remains intact as long as prices sustain above 2485.
A 6 month basing consolidation BO has happened. Even a golden crossover has occurred. If one were to observe carefully, its even a flag formation (BO of flag yet to happen). One can take a small entry now and a full (position size) entry after flag BO with a strict SL of 2350 closing basis. As per consolidation the possible levels that can be achieved are 3200,...
Stock breakout After consolidation Breakout with volume Breakout and sustain above life time high Focused on defence stock No recommendation for buy and sell
DATAPATT : Descending triangle breakout in progress Strong resistance around 2100 -2150 levels, need to sustain
Data Patterns India - Long As of today, suitable for Short-term Trade / Swing Trade Price levels Buy & Accumulate Area: ₹ 2189.15 to ₹ 2333.10 to ₹ 2477.05 Target 1: ₹ 2682.00 Target 2: ₹ 2943.05 Major Resistance: ₹ 2477.05 Immediate Support: ₹ 2189.15 Major Support: ₹ 1723.15 Stoploss: ₹ 1961.2 Trade and Invest Wisely with...
looks good above 2100+ what do u think???? probable 70% chance of an up-move SL 15-20% looks fine TP 50-70%+ looks achievable
2500 within 10th Aug -- 11th Oct Disclaimer : It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.