Chart Patterns insist me to go with the opinion titled above!!!
REASONS:
1. Divislab has been travelling in a MAJOR Expanding Triangular pattern. 2. It's been travelling in a Descending Channel pattern(downswing inside the major pattern). 3. Soon the Stock may take support @ the major support.(Green line shown in chart). 4. There is also a GAP (occured in Aug 2020)....which too can act as Support!!!(thus gap can be filled.)
SL- Day candle closing above 3770 Target- 2900
Let's wait and watch whether its going to take Support or Break it!!!!
Note - Just sharing my view ....not a tip nor advice!!!!
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Forgot to add....there is also 0.5 fib support prevailing near the gap support!!!
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moving as per levels!!
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Going good...
Trade closed: target reached
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Right at the green support line!!! better to book profit!!!