Divis Lab - downward trend reversal Long

DIVI'S LABORATORIENSE

Description

⋅ May 23, 2023 10:02 AM

The downward trend reversal with bullish candle and stock successfully retested the breakout level with STRONG volume in 2d frame .

Stop Loss below ema 200 | Target - t1,t2

Thanks
-AJ

Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.

Comment

⋅ May 26, 2023 7:12 AM

target 1 achieved !!

Comment

⋅ May 31, 2023 11:04 AM

resistance at Rs 3520

Comment

⋅ Jun 2, 2023 10:31 AM

Nifty Pharma Index - Monthly Chart
The index looking very positive, triangle pattern and a breakout can generate a significant return in pharma's stock.

Thanks
-AJ

Comment

⋅ Jul 5, 2023 1:11 PM

Comment

⋅ Aug 3, 2023 12:48 PM

weekly chart

Trade closed: target reached

⋅ Aug 9, 2023 11:04 AM

target 2 achieved on 07/08.

Comments

vanathi

⋅ Aug 9, 2023 2:21 PM

Hi,

Very good analysis. Thank you for sharing.

Regards,
Vanathi

Indieconomic

⋅ Aug 9, 2023 2:37 PM

@vanathi, thank you.

ishaan6193

⋅ May 26, 2023 11:06 AM

good analysis...what is the timeline for t2? possible in Jun?

Indieconomic

⋅ May 26, 2023 11:48 AM

@ishaan6193, stock already moved 14% in a week, expecting some retracement. For target 2, probably 3-6 week.