ParamjitMahapatro

Datamatics looks bullish in medium term.

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ParamjitMahapatro Обновлено   
NSE:DATAMATICS   DATAMATICS GLOBAL
9
in weekly chart, price bounced from horizontal support, trend line support. Also hidden bullish divergence found here.

At cmp - 111.85, tgt - 160.
Сделка активна:
today its up by 7.3%
Сделка активна:
till now 124.9
Сделка активна:
in daily, price approaching uptrend channel support.
Сделка закрыта вручную:
channel support broken, and price is in short term downtrend.

Комментарий:
price came again to the support zone.
Сделка активна:
price bounced from support zone, closed at 105.80
Комментарий:
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.



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

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

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