This 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...
Chart 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...
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...
NSE: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.
-------------------------------------
Trade Setup for Date 20-08-2021:
1) Don't Jump in...
DIVISLAB 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
if you have any queries regarding above idea or any other stock feel free to D'M
& Do Visit us : Click Here , We have curated some of the best...
Divis Lab has made a text book head and shoulders pattern after a long trend .
Today has made an inside bar on the neckline support level .
Possible bounce back or break down from this level .
Can go long above the high of today and short below low of today .
It 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
