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Divi's Laboratories Limited
Long
Updated

Trading Idea: Divis lab long

149
Trading in a well-defined channel on a DIVISLABDIVISLABdaily time frame. Two triggers to buy it: -
1. Candle touching the cloud
2. RSI below 40

today (15 Jan 21) one condition met - will buy one lot with candle touching cloud.
Trade active
I have bought one lot of Divis Lab touching the cloud. The Stoploss is break of Span B and will update here if that happens.
First Target is Kinjunsen at around 3725 cash
Trade active
Position as of now about 10k in profit. Get out at touching Kinjunsen, 3,734 on cash levels
Note
If the Price action shows closing below Span B I will close my position and mark it as unsucessful.
Trade closed: stop reached
I am sorry but the stock has hit stoploss and am out with loss
ss_cheema
Beyond Technical Analysis

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.
Beyond Technical Analysis
ss_cheema

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.