#DataPattns is getting ready for a big reversal #SuperChartz

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Key Levels:

Support: 1900 CL

Resistance: 2000 2100 2300 25000

Technicals:

Support and Resistance Levels:

Support: Key support is identified at 1900 INR, providing a strong base for potential reversals.
Resistance: Notable resistance levels are observed at 2000 INR, 2100 INR, 2300 INR, and 2500 INR.
The current price trend indicates stability, with potential bullish signals upon breaking resistance levels and bearish signals if support levels are breached.


Fundamentals:

In Q2, Data Patterns (India) Limited reported revenues of Rs 1,083 million, meeting expectations and reflecting a 23% YoY growth. The order book expanded to Rs. 10 billion, with order inflows at Rs 1,445 million.

The company has successfully reduced its debt, positioning itself as almost debt-free. This financial strength enhances its stability and resilience in the market.

Over the last 5 years, Data Patterns has achieved a remarkable profit growth of 151% CAGR. The anticipation of a strong quarter further contributes to the positive outlook.

The company maintains a healthy dividend payout of 19.9%, demonstrating a commitment to shareholder value.

Data Patterns (India) Limited appears sound both fundamentally and technically. The strong financial performance, prudent debt management, and positive technical indicators make it an interesting prospect for investors. However, careful monitoring of key support and resistance levels is advised for timely decision-making.



交易开始
1st Resistance of 2000 broken
交易开始
2nd resistance of 2100 tested
breakouttradingChart PatternschartpattrenTechnical IndicatorsTechnical AnalysisTrend AnalysisTrend Line Break

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