ssekarchanddra

Best Stocks for swing trading

Long
NSE:DATAMATICS   DATAMATICS GLOBAL
Service Offerings
The company offers a wide range of services primarily categorized under information technology (IT) solutions, business process management (BPM), Big Data & Analytics & engineering services.

Intelligent Automation Platform
The company have developed its own intelligent automation platform that combines the capabilities of its various IP products along with AI, ML and NLP models developed by its datalabs. The market for the same is forecasted to grow at a CAGR of ~19% over 2020-25.

PROS

Company is almost debt free.
Promoter holding has increased by 3.02% over last quarter.

CONS

The company has delivered a poor sales growth of 7.10% over past five years.
Company has a low return on equity of 13.7% for last 3 years..

Finally My view as a technical analyst :

It is trading at all time high.
This stock is technically ready to move upside volumes are high.
As a swing trader and momentum trader we may go long.

Note: This is only for education purpose. Not for buy and sell.
I am not SEBI registered.

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