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Akhilesh Jat SEBI RA

20th Jan Β· SEBI-Registered Analyst

πŸ“‰ DATAPATTNS in Free Fall: Support Broken, Pressure Mounts β€” What’s Next?

DATAPATTNS
extended its losing streak for the 8th consecutive session, with the stock tumbling as much as 10.64% intraday today. The sharp decline has dragged prices close to an 8-month low, highlighting sustained selling pressure. Technically, the key support level of 2350 has been decisively broken, weakening the price structure further. The stock touched an intraday low of 2221.40, indicating aggressive bearish momentum and lack of buying interest at higher levels. With this major support breach, sentiment remains fragile in the near term. πŸ‘‰ What do you think? Will this support breakdown persist further, or can the stock stage a technical bounce from here? Share your views. πŸ“Œ Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions. I, Akhilesh Jat (SEBI Registered Research Analyst – INH000016649), do not have any position in the mentioned scrip.

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