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DYNAMATIC TECHNOLO
DYNAMATECH
NSE
NSE
NSE
DYNAMATECH - Atmanirbhar bharat beneficiary. Powerful player in defence. Working on products related to LAKSHYA , HJT-36 and Sukhoi 30 MKI. Above 738 potential till 1300 with few pauses. SL is 625 closing basis. Learn #NimblrTA
I am expecting a reversal soon in this stock near 750 price. I am expecting target after reversal to be 1500 short term investment
The company has released very good quarterly results. Financials are good. The pattern is formed by taking nearly Ten weeks. There is a strong resistance at 600 levels its breakout may give more than 20% returns.
Labels in Red are bearish view. Labels in Green are Bullish view. A contracting triangle in play..either as larger 2nd in green OR b of B of ongoing correction. Either ways...either c of the B ( red ) OR 3rd of Green should un-ravel once the trendlines are broken on upside. Stoploss = 2 days closing below 2550.