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Unite Technologies Financial

17th Jun · SEBI-Registered Analyst

Technical Analysis Data Patterns (India) Limited

The daily chart of $DATAPATTNS shows a highly bullish market structure. The stock has successfully broken out of a massive multi-month consolidation pattern that lasted throughout 2024 and 2025. This breakout has pushed the price into an aggregate all-time high territory currently trading around ₹4477.30. Immediate Support ₹4200 - ₹4250 Recent swing low on the daily chart where buyers stepped in again. Major Support ₹3450 - ₹3500 the crucial breakout zone. According to the role-reversal principle, old resistance will now act as a rock-solid floor if the market corrects. Resistance since the stock is trading at its lifetime highs there is no immediate horizontal price resistance. It is in a blue-sky zone. Psychological resistance may emerge around the ₹4800 and ₹5000 marks. For short-term buyers the stock is in a strong buy-on-dips zone where entries can be planned on minor pullbacks toward the immediate support of ₹4200–₹4250 keeping a strict stop-loss just below the ₹4000 mark. Meanwhile existing holders should firmly ride the trend and continue holding the stock to let profits compound trailing their stop-losses higher to protect capital. Since the stock has broken out into a blue-sky zone with no immediate overhead resistance it remains technically positioned to test psychological targets of ₹4800 and ₹5000 in the near term.

#TechnicalViews#Pre-OpeningCommentary#WatchOutFor#EquityResearch
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