DIVIS LAB BRAKEOUTTTTTThis posts are my personally traded stocks daily,I take trade mostly in all the stocks which i post and many more too which i am unable to post,as tradeing view limits my post to only 10 stocks per day,Some hits stoploss,some hits trailing stop loss,some give targets,some ends in cost to cost,some give Very huge profits too,So dont judge this channel on any one trade or one day,U take average of all trades and see the average returns,I am not responsible for any kind of losses or profits u face,PLEASE TRADE ON YOUR OWN RISK.
BUY ABOVE HIGH OF BRAKEOUT CANDLE
BUY AT 3394.7
SL AT 3272.95
Divis
Divis Lab: At support and trading strategyChart setup
The stock has previously taken support at 3450 odd levels in late May - June 2022 / Aug 2022 / Oct 2022
- it broke down below that in November and the same level acted as resistance in for a month and a half
- now again trading above the crucial levels
- blue trendline support comes at 3330 odd levels on 25 Jan 2023
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My Trading strategy
Given the set up going with a Put short
Sell 3400 put option currently around 92-95
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Gain potential and understanding risk profile
The strategy has a max profit potential of Rs 13800 per lot and (ROI potential of 15.5% approximately)
The strategy has inbuilt loss protection for a fall up to 3308 till Jan expiry.
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My Risk Management levels
On the downside I would be watching out for 3405-3388 odd levels.
It give enough time and scope to adjust / exit in case view gets invalidated.
Take care & safe trading...!!!
Hope the analysis and explanation of trading strategy helps you plan and manage your trade.
Do let me know if you find the analysis and insights helpful.
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Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
DIVIS LAB LOOKING GOOD FOR A SWING TRADE AND A SHORT TERM TRADE
DIvis lab is looking good
REASONS
1. It was facing resistance from a trendline that is in red color and recently it had given a breakout of this trendline.
2. A triangle pattern had started forming on January 18 and recently the pattern had also given a breakout.
3. For the past few days the stock is consolidating in a narrow zone and it may break the zone at any time we could expect a big move after it.
4. Recently the stock had broken its 200ema and 50ema so now they both are acting as support for the stock
LOGIC BEHIND THE TARGET AND STOP LOSS.
1. the height of the pattern is taken as the target for the short term.
2. and for the swing trade, the first resistance had been taken as the target.
3. the 200 ema and 50 ema is also supporting the stock so we had taken it as the stoploss.
Simple Trade Setup | DIVISLAB| 20-08-2021NSE:DIVISLAB
Observations:
1) On Daily Time Frame, it just closed above 21DMA which is also a good support at 4900.
Please refer Chart below: Daily time frame.
2) On 15 min time frame, it is now in critical Zone.
Please refer Chart below: 15min time frame.
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Trade Setup for Date 20-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and target w.r.t price action working near that level tomorrow.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
DIVIS LAB - Ascending TriangleDIVISLAB has made an ascending triangle
Entry : 1730-1722 Range
Stoploss : 1690
Basic Target: open
Optional ways : Derivatives are best case as expiry is just 12 days away.
Idea By MALKIAT SINGH
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Divis Lab - Showing Weakness - After Formation of PINBAR CandlesIt is been observed that the selling pressure is high due to which buyers are having hard time to pick up the prices. Previously the bearishness was confirmed by the formation of PINBAR Candlesticks pattern that indicates weakness and rejection of higher prices. Therefore it is a good time to short at current levels for target 1240 Stoploss 1351