Search+Investment IdeasMedium-term traders can look to buy stock for a target above 1000 levels in the next 4-5 months, suggest experts.SynopsisDatamatics Global Services Ltd. is showing strong bullish signals after forming a double bottom pattern and breaking a downward trendline. Experts suggest this IT stock could climb above 1000 in the coming months. The stock has recovered significantly from its lows, with technical indicators like moving averages and RSI pointing towards a potential upward trend reversal, making it an attractive buy for medium-term traders.Datamatics Global Services Ltd, part of the IT sector, broke out from a double bottom pattern on the daily charts and a downward sloping trendline, opening room for the stock to head higher.Medium-term traders can look to buy stock for a target above 1000 levels in the next 4-5 months, suggest experts.Datamatics Global Services Ltd. (Datamatics) is a global provider of digital technologies, operations, and experiences.The stock hit a high of Rs BYETMarkets.com 4 mins readJun 24, 2026, 05:00:00 AM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership
Stock Radar: Datamatics stock breaks out from double bottom pattern; time to buy?
Datamatics Global Services Ltd. is showing strong bullish signals after forming a double bottom pattern and breaking a downward trendline. Experts suggest this IT stock could climb above 1000 in the coming months. The stock has recovered significantly from its lows, with technical indicators like moving averages and RSI pointing towards a potential upward trend reversal, making it an attractive buy for medium-term traders.







