dravya

DIVISLAB - Breakout Attempt

Long
NSE:DIVISLAB   DIVI'S LABORATORIE
The stock fell a lot and now has been in an upward move, as seen by the trendline.

The previous day it showed great strength on the trendline base.

The blue line is an important daily level ( see chart below )
which it crossed today.

If it sustains above 790, it could see levels of 830-850 in coming days.
Comment:
Order cancelled: Lol. Couldn't sustain above 790 at all. Attempt failed completely. No chance of entry at all. Closed.

What I feel bad about it is the investors who had to face this price shock. Once again.