Datamatics looks bullish in medium term.

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

At cmp - 111.85, tgt - 160.
Operación activa
today its up by 7.3%
Operación activa
till now 124.9
Operación activa
in daily, price approaching uptrend channel support. imagen
Operación cerrada manualmente
channel support broken, and price is in short term downtrend.

imagen
Nota
price came again to the support zone. imagen
Operación activa
price bounced from support zone, closed at 105.80 imagen
Nota
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.

imagen


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

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

imagen

Exención de responsabilidad