nano6yogesh

Divis Lab – Top in place ?

Short
NSE:DIVISLAB   DIVI'S LABORATORIE

NSE:DIVISLAB This stock is very volatile and has had a couple of wild runs ... (so one needs to be careful.)

The stock has also completely recovered from its February lows and made a higher high.

However, I can see a divergence here with an evening star pattern at the top.

Good shorting opportunity here with Stop loss of a few points above the recent highs and first target at around 1120 levels.

Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.