c4dilip

DIVIS Laboratories, great comeback!

Long
NSE:DIVISLAB   DIVI'S LABORATORIE
DIVIS Laboratories showed a great comeback today from its strong support zone around Rs .3025. Gave clear Rs . 50/- on upside from the closing high of the buying divergence (yellow) candle on hourly chart.
Next resistance around Rs . 3120. If that is broken, it can move towards 3100 / 3200 levels.

Indicator used TE REKAB, it captures reversals in the market.

This is my personal study & idea. Please take advice from your financial advisor before taking any investing decision based on above chart.

Happy Investing !

PS: If you appreciate my study, pls leave a like. My funda is to keep trading simple & stick to your conviction, once you are on the right side of on intra-day trade !!

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