Datamatics looks bullish in medium term.

Aktualisiert
in weekly chart, price bounced from horizontal support, trend line support. Also hidden bullish divergence found here.

At cmp - 111.85, tgt - 160.
Trade ist aktiv
today its up by 7.3%
Trade ist aktiv
till now 124.9
Trade ist aktiv
in daily, price approaching uptrend channel support. Snapshot
Trade wurde manuell geschlossen
channel support broken, and price is in short term downtrend.

Snapshot
Anmerkung
price came again to the support zone. Snapshot
Trade ist aktiv
price bounced from support zone, closed at 105.80 Snapshot
Anmerkung
price is showing strength after a long consolidation, now up trend is clear, and it is gaining momentum, In weekly, descending trend line broken here, few weeks back, recently big green candle formed and price closed above upper BB and upper BB is moving up.

Snapshot


Lesson learned : patience and conviction on own analysis is really important for wealth creation in stock market.
Anmerkung
double bottom breakout with good volume
now retesting the breakout level pattern tgt is at 150

Snapshot
Anmerkung
cmp - 146.45 double bottom tgt almost done here,
Snapshot
Anmerkung
at cmp - 136.60, it has formed hidden bullish divergence in daily, also price took support at ascending lower BB, bounce back is likely

Snapshot

Haftungsausschluss