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Price and trend forecast of DATAMATICS for Tomorrow, Weekly, Monthly

Datamatics Global Services Limited

Symbol: NSE:DATAMATICS

ISIN: INE365B01017

669.40

As on 2025-02-06

450.00 (52W Low) 740.00 (52W High)

DATAMATICS's Today's Performance

Datamatics Global Services Limited started the day by opening at 677.65 today 2025-02-06. Its shares reached a high of 684.90 and dipped to a low of 662.05 in intraday. When the markets closed, DATAMATICS’s stock price settled at ₹669.40 per share. Also check out its key support and resistance levels.

DATAMATICS Buy/Sell Targets

Tomorrow, sell DATAMATICS when its price reaches ₹ 669.40 with a stop-loss order at ₹ 693.12. You can set the target price as ₹ 645.68 to capture potential gains. This sell position balances the risks and rewards evenly, aiming for a 1:1 risk-reward ratio.

In the sections below, we will discuss detailed share price target of DATAMATICS for tomorrow's session along with weekly levels. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.

Important Down levels for DATAMATICS

Downside Targets Value in ₹
Tomorrow Down Target 1 682
Tomorrow Down Target 2 695
Tomorrow Down Target 3 705

Important Levels for DATAMATICS

Holding Levels Value in ₹
Tomorrow Up Target 1 659
Tomorrow Up Target 2 649
Tomorrow Up Target 3 636
Based on where the stock opens tomorrow, if DATAMATICS opens on a positive note, our first target will be ₹682. If Target 1 is achieved, we will aim for Target 2 which is ₹695.

But if DATAMATICS falls below the average value of ₹672.12, you can enter a sell side position with target number 1 - ₹659 and second target - ₹649 This average value also act as support and resistance level. When the stock is trading above the average, it will act like support area. Another important thing is, stocks usually get back to this average value when the price trades too far from avg. In simpler words we can consider the average price as a magnet.

Daily Volume chart of DATAMATICS

Looking at DATAMATICS, we've seen a Decreasing trend in its trading volume over the past week, which really tells us how active traders have been with this stock.

In terms of its price, DATAMATICS has been on a Upward path, giving us insights how its value changes in the market.

Based on this, the predicted sentiment for DATAMATICS is moderate bullish.

Tomorrow's Volume based share price Forecast for DATAMATICS

DATAMATICS's Volume is currently in a Decreasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a moderate bullish trend. Volume trend strength over the last month compared to the last week is -62%.

Reversal detection for DATAMATICS

Predicted trend chart of DATAMATICS tomorrow for price forecast
DATAMATICS may trend may continue to be bearish since stock is making lower low and we can get target of ₹666 in morning tomorrow
Target 1 tomorrow681
Target 2 tomorrow686
Target 3 tomorrow695
 

Investferry’s trend analysis method detects short term overbought and oversold situations to identify reversal in stocks. Use this as reference for short term counter trend trades.

Combine this trend forecast with DATAMATICS's tomorrow's target prediction and you will have a base for what can be done in the upcoming trading session.

Based on where the stock opens tomorrow, if DATAMATICS opens on a positive note, our first target will be ₹682.18. If Target 1 is achieved, we will aim for Target 2 which is ₹694.97.

But if DATAMATICS falls below the average value of ₹672.12, you can enter a sell side position with target number 1 - ₹659.33 and second target - ₹649.27

DATAMATICS's Weekly Targets
1st Up Target 712.93
2nd Up Target 756.47
1st Down Target 601.93
2nd Down Target 534.47

As the week for DATAMATICS ended on bullish sentiments, we can expect further continuation of this sentiment. DATAMATICS's initial target will be 712.93 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 601.93 in the upcoming week.

Weekly OHLC Values
Open 595.00
High 689.00
Low 578.00
Close 669.40

Week for DATAMATICS started with an open price of 595.00, and the close was at 669.40. DATAMATICS reached the highest of 689.00 and dipped lowest up to 578.00 last week. This indicates a bullish sentiment for the week.

DATAMATICS full month swing targets
Monthly Up Target 1 823.93
Monthly Up Target 2 867.47
Monthly Down Target 1 490.93
Monthly Down Target 2 312.47

Targets of ₹823.93 can be expected to be reached in the coming month. Once DATAMATICS achieved this target, we can aim for the next upside target of ₹867.47.

DATAMATICS if fails to hold upside, down targets of ₹490.93 and ₹312.47 can be achieved by end of this month.

For complete three weeks if DATAMATICS is bullish, the stock may decline in the last week on the month as traders usually close their positions. So in this case, you should aim for weekly support level which will act as targets here.

Related Stocks in the Same Sector as DATAMATICS

Symbol Name Industry
TCS Tata Consultancy Services Limited Information Technology Services
INFY Infosys Limited Information Technology Services
CYIENTDLM Cyient DLM Limited Electronic Components
HCLTECH HCL Technologies Limited Information Technology Services
IDEAFORGE ideaForge Technology Limited Computer Hardware

Summary

DATAMATICS is expected to reach the target of 682.18 in tomorrow's trading session.

After achieving the initial target in DATAMATICS, we will aim for higher targets of 694.97 tomorrow.

However, if DATAMATICS starts to trade below ₹672.12, then we will shift our focus to the sell side and aim for down targets of 659.33 and 649.27.