DATAPATTNS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.4
| Stock Code | DATAPATTNS | Market Cap | 22,851 Cr. | Current Price | 4,082 ₹ | High / Low | 4,295 ₹ |
| Stock P/E | 91.6 | Book Value | 275 ₹ | Dividend Yield | 0.19 % | ROCE | 21.0 % |
| ROE | 15.2 % | Face Value | 2.00 ₹ | DMA 50 | 3,369 ₹ | DMA 200 | 2,913 ₹ |
| Chg in FII Hold | 0.93 % | Chg in DII Hold | 1.41 % | PAT Qtr | 60.6 Cr. | PAT Prev Qtr | 49.2 Cr. |
| RSI | 70.5 | MACD | 244 | Volume | 11,19,270 | Avg Vol 1Wk | 15,35,420 |
| Low price | 2,121 ₹ | High price | 4,295 ₹ | PEG Ratio | 2.88 | Debt to equity | 0.00 |
| 52w Index | 90.2 % | Qtr Profit Var | 35.8 % | EPS | 44.1 ₹ | Industry PE | 66.6 |
📊 DATAPATTNS is trading well above both its 50 DMA (3,369 ₹) and 200 DMA (2,913 ₹), confirming strong bullish momentum. RSI at 70.5 indicates overbought conditions, while MACD at 244 shows strong positive divergence. Current volume (11,19,270) is slightly below average (15,35,420), suggesting mild cooling in participation. Bollinger Bands show price near the upper band, pointing to potential resistance around 4,100–4,150 ₹.
🎯 Entry Zone: 3,950 ₹ – 4,020 ₹ (support near 4,000 ₹)
💰 Exit Zone: 4,150 ₹ – 4,250 ₹ (resistance near recent highs)
🔄 Trend Status: Trending upward with strong momentum, but caution warranted due to overbought RSI.
Positive
- EPS of 44.1 ₹ supports earnings strength.
- Quarterly PAT growth (60.6 Cr vs 49.2 Cr) highlights operational improvement.
- Price trading well above both 50 DMA and 200 DMA confirms bullish structure.
- FII (+0.93%) and DII (+1.41%) inflows reflect strong institutional confidence.
- Debt-free balance sheet adds financial stability.
Limitation
- High P/E (91.6) compared to industry PE (66.6) suggests stretched valuation.
- RSI above 70 signals overbought conditions and possible short-term correction.
- PEG ratio (2.88) indicates growth is already priced in.
- Volume slightly below average shows reduced momentum at current levels.
Company Negative News
- No major negative news reported; valuation and overbought technicals remain key risks.
Company Positive News
- Strong quarterly profit growth (+35.8%) supports bullish sentiment.
- Institutional inflows highlight confidence in long-term prospects.
Industry
- Industry PE at 66.6 is lower than DATAPATTNS’s 91.6, suggesting relative overvaluation.
- Defense and aerospace sector remains robust with strong order visibility and government support.
Conclusion
⚡ DATAPATTNS is trending upward with strong momentum, supported by fundamentals and institutional inflows. Entry near 3,950–4,020 ₹ offers favorable positioning, with exits around 4,150–4,250 ₹. Overbought RSI signals caution for short-term traders, while long-term investors may hold given strong growth visibility and debt-free profile.
This is the short-term technical trade view. If you’d like, I can also prepare a swing trade overlay comparing DATAPATTNS with other defense sector peers to refine entry/exit strategies.