DivisLab- Bullish Swing-Will this be a new All time high?
Updated
DIVISLAB 28.08.2024
Buy-5090
Target-5374
Stop Loss-4815
Risk Reward- 1:1
1.Inside bar breakout
2.Trend- Very good uptrend
3.Price has bounced from support level & broke previous resistance
4.Volume- Very good volumes found in bullish side
5. EMA- Rejection from 50 EMA and price above 21 EMA
6. Pharma sector is in rocket mode
Trade closed: target reached
Target reached in 9 Sessions.
Risk/Reward- 1:1
Still has potential for atleast 2-3% move
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