dravya
Long

DIVISLAB - Breakout Attempt

NSE:DIVISLAB   DIVI'S LABORATORIE
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4
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.

Comments

Has the price fallen to a yearly low? Can we now go long for April contract. Why such a sudden and steep fall when the market is doing well.
Reply
dravya venkaticr
@venkaticr, it fell so steep because of USFDA regulation. avoid the stock .
Reply
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