DATA PATTERNS has been seen in a cup and handle pattern and is on the verge of a good breakout on daily TF after almost a consolidation of almost 50 days.
Data Patterns (India) Limited is one of the fastest-growing companies in the Defense and Aerospace Electronics sector in India.
The company has increased institutional investing, almost a 50% and above...
Introduction:
Data Patterns (India) Limited is a prominent player in the Defence and Aerospace Electronics sector in India. With a focus on in-house development and manufacturing facilities, the company has been catering to the indigenously developed defence products industry for over 35 years. In this blog, we will delve into the key aspects of Data Patterns...
Data patterns ready for fresh move. Elephant candle confirmation on this stock.
SL = 2000
looking gud on this price point . supported by awsome volume, and 20 MA on weekly time frame.
Risk reward ratio and probability is only the holy grail in the market.
Dont lose more than your entry reason.
Stock Name - Data Patterns INDIA Ltd.
✅#DATAPATTNS trading above Resistance of 2700.
✅Next Resistance is at 3290.
✅Moved 18% in week.
Weekly chart setup
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.
Master Score - B
Disclaimer:...
India has allocated a significant amount of funds to the defense sector. One stock that has gained popularity in the defense industry due to its consistent performance is now at an all-time high. I am referring to "DATA PATTERN". Are you investing in any defense stocks?
Stock name = Data Patterns INDIA Limited.
Weekly chart setup
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.
Master Score - B
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling...
Must give space in your portfolio (10% to 20% in 20 days)
Why ?
Data Patterns (India) Ltd
ABOUT
Data Patterns (India) Limited is one of the fastest-growing companies in the Defence and Aerospace Electronics sector in India. It is among the few vertically integrated defence
and aerospace electronics solutions providers
catering to the indigenously developed...
Data Patterns (India) Ltd. is among the few vertically integrated defense and aerospace electronics solutions providers catering to the indigenously developed defense product industry. It is one of the fastest-growing companies in the Defense and Aerospace Electronics sector in India. Data Patterns (India) Ltd CMP is 1978.55.
The Negative aspects of the company...
Technical Overview:
1. Support and Trend Analysis:
The weekly chart for DATAPATTNS indicates a strong technical setup. The recent candle has found Support at the Rising Trendline, reinforcing the presence of a robust support level. This suggests a potential continuation of the prevailing uptrend.
2. RSI Support and Bullish Momentum:
The support observed...
Data Pattern looking good for swing after successful breakout. Keep an eye on it. View is just for educational purpose. It is making a new higher low and is not breaking its previous swing.
DATAPATTNS looks like it's about to turn around:
1. Moving Average Move:
- The stock is breaking through the 50-day average, suggesting a shift in its recent trend.
2. Big Volume Boost:
- Lots of people are trading it, showing a lot of interest and confidence in a possible change in direction.
3. Bouncing Back:
The stock is bouncing off a price level...
Stock has fallen almost 20% in last two weeks. Needs to watch carefully for the upcoming levels. if broken below trendline channel. We can see further selling in this counter.
