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.

Raccontata daeconomictimes.indiatimes.com