DATAPATTNS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.3
| Stock Code | DATAPATTNS | Market Cap | 23,184 Cr. | Current Price | 4,138 ₹ | High / Low | 4,303 ₹ |
| Stock P/E | 84.7 | Book Value | 310 ₹ | Dividend Yield | 0.19 % | ROCE | 23.3 % |
| ROE | 16.9 % | Face Value | 2.00 ₹ | DMA 50 | 3,704 ₹ | DMA 200 | 3,097 ₹ |
| Chg in FII Hold | 0.93 % | Chg in DII Hold | 1.41 % | PAT Qtr | 138 Cr. | PAT Prev Qtr | 60.6 Cr. |
| RSI | 59.8 | MACD | 92.4 | Volume | 6,66,326 | Avg Vol 1Wk | 9,07,782 |
| Low price | 2,131 ₹ | High price | 4,303 ₹ | PEG Ratio | 2.79 | Debt to equity | 0.00 |
| 52w Index | 92.4 % | Qtr Profit Var | 21.3 % | EPS | 48.5 ₹ | Industry PE | 68.9 |
📈 Chart & Trend Analysis: DATAPATTNS is trading at ₹4,138, well above its 50 DMA (₹3,704) and 200 DMA (₹3,097), confirming strong bullish momentum. RSI at 59.8 indicates neutral-to-positive momentum. MACD at 92.4 shows strong upward divergence. Bollinger Bands place price near the upper band, signaling potential volatility but continued strength.
🔎 Momentum Signals: Current volume (6.66L) is below the 1-week average (9.07L), showing reduced participation. Short-term momentum remains positive, with resistance near ₹4,250–₹4,300.
🎯 Entry Zone: ₹4,050–₹4,100 (support near breakout levels)
🚪 Exit Zone: ₹4,250–₹4,300 (resistance zone)
🛑 Stop-Loss: ₹3,950 (below 50 DMA)
📊 Trend Status: Strongly trending upward; possible consolidation if volumes remain weak.
Positive
- Trading well above both 50 DMA and 200 DMA confirms bullish trend.
- Strong ROCE (23.3%) and ROE (16.9%) highlight efficiency.
- Debt-free balance sheet (0.00 debt-to-equity) ensures financial stability.
- Quarterly PAT growth (₹138 Cr vs ₹60.6 Cr) shows earnings improvement.
- FII (+0.93%) and DII (+1.41%) inflows reflect investor confidence.
Limitation
- High P/E (84.7) compared to industry PE (68.9) signals overvaluation risk.
- PEG ratio (2.79) suggests growth is already priced in.
- Volume below average indicates weak conviction in breakout.
Company Negative News
- Reduced trading volume compared to weekly average.
- High valuation multiples may limit upside in near term.
Company Positive News
- Strong quarterly profit growth (+21.3%).
- Institutional inflows (FII and DII) support sentiment.
Industry
- Industry PE at 68.9 is lower than DATAPATTNS’s 84.7, highlighting premium valuation.
- Defense and aerospace sector remains in growth phase, supported by government contracts and rising demand.
Conclusion
⚡ DATAPATTNS is in a strong uptrend with robust technical momentum and solid fundamentals. Entry near ₹4,050–₹4,100 offers cautious accumulation, with profit exits around ₹4,250–₹4,300. Elevated valuations and reduced volumes warrant disciplined risk management, but long-term prospects remain strong given efficiency and debt-free status.
Would you like me to extend this into a defense sector overlay comparing peers like HAL and BEL, or keep it focused as a single DATAPATTNS swing trade report?