NeeteshJain
Short

DIVISLAB PENNANT BREAKOUT

BSE:DIVISLAB   DIVIS LABORATORIES LTD
900 21 25
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

snapshot
Trade active
it broke 743, will it go further down?
+1 Reply
@shyam.sega, Yes, it did break out, now more sell off can be seen. Regards
Reply
luks gud ....
+1 Reply
NeeteshJain TOP DipJaiswara
@DipJaiswara, Yes, it did well. Regards
Reply
Perfect Neetesh!!
I am carrying this short overnight :)
+1 Reply
@76764554, Yes, lets see whether the price action breaks below 750 levels tomorrow. Regards
+1 Reply
76764554 NeeteshJain
@NeeteshJain, As you rightly said, Divis on its way to 700. Great pick!!
+1 Reply
Great sir call!! Thank you
+1 Reply
NeeteshJain TOP harimittapalli
@harimittapalli, Yes, it did pretty well, wish you the best. Regards
Reply
Excellent, first time i tried your call and it worked perfectly. Thanks for New Year gift..0:)
+1 Reply
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