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Bye the way, My Alert for the expected RSI didn't break the support, see the chart. it returned from there and the market supported well at the mentioned 9170 level, and gone towards the resistances one by one.
I observed that some viewers find it difficult to follow the levels mentioned in the daily calls.Please please consider those values are like pivot levels, and take it as supports & resistances only, and learn to use it accordingly. It is Quiet useful if you take it that way to use it on both up & down direction.
And don't consider those levels as final Targets,as market is changing every moment, so is called it is dynamic in nature. I will have my regular daily calls & mussing continued.
Divis lab: 657 a pullback can see 746
Highly over sold, RSI is having a positive divergence, will definitely have a pull back from here, but the correction is not yet completed. Could be only a time wise correction, means the stock can remain in a range bound trade for some time. We all know that the sector is facing hurdles, which may require little time to overcome the issues. Any reversal sign if observed in pharma stocks, this will definitely jump to 916 level and other way, crossing minimum 38% retracement will confirm the reversal. Both are same but :D