DIVISLAB : Rounding Bottom Consolidation Breakout..!!

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DIVISLAB is showing good consolidation Breakout above the Rounding Bottom structure breakout.. target and sl are on the chart....
there is lot of scope in large cap stocks as the data shows..

All data is available in public domain..

CMP : 6580
TG : 7800
SL : 5840

Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery .
3: Technical : 21/55/200-EMA, Super trend up, RS>0 RSI.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on Daily chart.

Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk.
Please consult your financial adviser before taking any decision.

Disclosure : might be Hold

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