Divis Lab Analysis !! Broke Out
📈 Divis Lab 📉
This broke out from a Resistance Zone of downtrending Trendline and closed above previous high of 4450.
On Buy Side I am looking for Targets of 4680, 4940 and 5370.
StopLoss should be kept below 4200-4300zone.
It offers 1:3 Risk To Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
This broke out from a Resistance Zone of downtrending Trendline and closed above previous high of 4450.
On Buy Side I am looking for Targets of 4680, 4940 and 5370.
StopLoss should be kept below 4200-4300zone.
It offers 1:3 Risk To Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Trade active
Trail SL to 4335Trade closed: stop reached
Trailing SL hit
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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.
Related publications
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.