Long Opportunity -
Divis lab has confirmed the change in trend. The uptrend has started, The stock gives multiple attempts at a level of Rs. 4235, which is the Fib level of 0.382 but it has not broken this level. The support is strong and it is ready to take the jump. Very soon we can expect a level of Rs. 4461.50.
We can go for a long on Thursday, there are two targets are expected but as the international market closes in positive sentiment, it might open gap up. If it happens we can go for long for 2nd target.
Divis lab has confirmed the change in trend. The uptrend has started, The stock gives multiple attempts at a level of Rs. 4235, which is the Fib level of 0.382 but it has not broken this level. The support is strong and it is ready to take the jump. Very soon we can expect a level of Rs. 4461.50.
We can go for a long on Thursday, there are two targets are expected but as the international market closes in positive sentiment, it might open gap up. If it happens we can go for long for 2nd target.