NeeteshJain

DIVISLAB PENNANT BREAKOUT

Short
BSE:DIVISLAB   DIVIS LABORATORIES LTD
It is been observed on the Daily chart that the price action breaks below the pennant or symmetrical triangle formation, indicating a further move to downside. It shall further reach down to support levels.

Target : 750

Stoploss: 785
Trade active
Trade active
Trade closed: target reached: Target reached successfully. It did fell down more than 3%. Regards
Comment: It breaks down the support levels, now it shall go further down to 730 levels. Regards

Trade active