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DATAPATTNS

: High RSI, Higher Potential

– Quick Technical & Fundamental Snapshot 📈 Price Action: Stock forming higher highs, indicating a strong uptrend. 🔍 Volume: Daily volumes up by over 30% week-on-week, confirming momentum. 📊 RSI: Currently at 78 (daily), showing strong buying strength but near overbought levels. 🧾 Order Book: Stands at over ₹1,000 crore, reflecting strong execution visibility. 🛡️ Sector Tailwind: Defense capex in Union Budget 2024-25 up 12% YoY, supporting growth. Policy Boost: Beneficiary of ‘Make in India’ push for indigenous defense systems. Outlook: Technical strength backed by fundamentals positions Data Patterns for further upside. Monitor for healthy consolidation or breakout continuation.