Data Patterns (India) Ltd \u2013 Strong Recovery After Sharp Correction (Daily Chart)<\/p>\n
After a steep sell-off, the stock has shown a sharp V-shaped recovery and is now trading near a crucial resistance cluster.<\/p>\n
\ud83d\udd0e Technical Observations:
\nStrong bounce from \u20b92,200\u2013\u20b92,250 demand zone
\nPrice reclaiming 20 & 50 EMA
\nHigher highs & higher lows forming (short-term uptrend)
\nBollinger Bands expanding (volatility expansion)
\nRSI moving into bullish zone (above 60)
\nMomentum indicator showing strong positive crossover
\nVolume expansion during breakout candles
\n\ud83d\udd11 Key Levels to Watch:
\nImmediate Resistance: \u20b92,950\u2013\u20b93,000
\nMajor Resistance: \u20b93,100\u2013\u20b93,250
\nImmediate Support: \u20b92,775
\nMajor Support: \u20b92,600\u2013\u20b92,450<\/p>\n
\ud83d\udcc8 Bullish Scenario:
\nSustained close above \u20b93,000 can trigger further upside towards:
\n\u20b93,100
\n\u20b93,250
\n\u20b93,400+
\n\u26a0\ufe0f Caution:
\nFailure to sustain above \u20b92,775 may lead to consolidation or pullback toward \u20b92,600 zone.
\nStructure currently favors bulls unless key support breaks.
\n\u26a0\ufe0f Not a buy\/sell recommendation.
\n\u2014 AALGO BREATHS<\/p>\n","protected":false},"template":"","article-category":[],"article-tags":[400,128],"class_list":["post-28268","article","type-article","status-publish","hentry","article-tags-technicalanalysis","article-tags-sebi-registered-analysts"],"acf":[],"_links":{"self":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article\/28268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article"}],"about":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/types\/article"}],"wp:attachment":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/media?parent=28268"}],"wp:term":[{"taxonomy":"article-category","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-category?post=28268"},{"taxonomy":"article-tags","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-tags?post=28268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}