Complete technical analysis, support levels, entry price, stop loss, targets and long-term outlook for Data Patterns (India) Ltd.
| Current Price | ₹4,205 |
| Recent Swing High | ₹4,700–4,750 |
| Trend | Bullish |
| Sector | Defence Electronics |
Data Patterns has been one of the strongest performers in the Indian defence sector. The stock formed a strong base around ₹2,200–2,800 before delivering a decisive breakout above the ₹3,400 resistance zone.
Following the breakout, the stock rallied sharply towards ₹4,700–4,750 before witnessing healthy profit booking. The current consolidation near ₹4,200 indicates that the broader bullish trend remains intact.
Investors should follow a staggered profit-booking approach:
Data Patterns remains one of the strongest defence electronics companies in India. The company benefits from increasing defence spending, indigenous manufacturing initiatives and a growing order pipeline.
As long as the stock sustains above ₹4,000, the long-term structure remains bullish. Investors with a 12–18 month horizon may look towards ₹5,500–6,000 levels.
Rating: 5/5 ⭐⭐⭐⭐⭐
Data Patterns continues to exhibit strong bullish momentum supported by favourable sector trends and robust price action. Accumulation near ₹4,100–4,220 with disciplined risk management could offer attractive risk-reward opportunities.
Buy Zone: ₹4,100–4,220
Stop Loss: ₹3,950
Exit Zone: ₹4,500–5,000
Long-Term Target: ₹5,500–6,000