DATAPATTNS - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.5

📈 DATAPATTNS is currently in a consolidating phase, with neutral momentum indicators and price hovering near short-term averages.

📊 Technical Overview

• Trend Status: Consolidating — price has pulled back from its high of ₹3,269 to ₹2,750, stabilizing near key moving averages.
• Moving Averages: Price is slightly above 50 DMA (₹2,722) and 200 DMA (₹2,568), indicating mild bullish bias.
• RSI (49.7): Neutral zone, suggesting balanced momentum with no clear directional bias.
• MACD (14.0): Positive crossover supports short-term bullish sentiment.
• Bollinger Bands: Price near mid-band, consistent with consolidation and low volatility.
• Volume: Slightly above average (1.68L vs 1.54L), showing steady interest.

📌 Entry & Exit Zones

• Support Zone: ₹2,700–₹2,720 — ideal for entry on dips.
• Resistance Zone: ₹3,200–₹3,269 — potential exit or partial profit booking zone.
• Breakout Level: ₹3,270 — crossing this could lead to new highs.

✅ Positive

• Strong ROCE (21.0%) and ROE (15.2%) reflect efficient capital use.
• Zero debt and clean balance sheet.
• EPS of ₹38.3 and PEG ratio of 2.26 indicate growth potential.
• Positive DII holding change (+1.71%) shows domestic institutional confidence.

⚠️ Limitation

• High P/E (71.8) suggests valuation concerns relative to industry average (67.2).
• Quarterly PAT dropped from ₹114 Cr to ₹25.5 Cr, indicating earnings volatility.
• RSI near 50 and price near moving averages suggest lack of strong momentum.

📰 Company Negative News

• Decline in FII holdings (-1.38%) may reflect foreign investor caution.
• Quarterly profit variation of -22.2% signals operational pressure.

🌟 Company Positive News

• Strong fundamentals and improving technical setup.
• Rising domestic institutional interest and consistent volume strength.

🏭 Industry

• Operates in defense and electronics manufacturing, a sector benefiting from government initiatives and strategic demand.
• Industry P/E (67.2) is slightly lower than the stock’s, indicating a modest valuation premium.

🧾 Conclusion

• DATAPATTNS is technically consolidating with neutral indicators and strong long-term fundamentals.
• Entry near ₹2,700–₹2,720 is favorable; watch for breakout above ₹3,270.
• Long-term investors may hold for sector potential; short-term traders should monitor resistance and earnings trends.