Divisilab
Divislab LongI hope you can now see how Divislab represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
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.
-------------------------------------
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
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 articles for Traders .
Note : Trading in any financial market is very risky. We post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
DIVIS LABS - PINBAR CANDLESTICK STRATEGYThe pinbar candlesticks indicates rejection of prices on high levels and also indicates selling pressure at resistance levels. In the above chart, 1380 -1350 acting as resistance zone where we can see rejection of prices due to high selling pressure. The prices may go down to the previous 52 Week high levels to regain buyers in the momentum and also confirmed it as a new support levels.
It is also worth to note that the previous high levels where our target is placed is at 61.8 retracement levels that also indicates the importance of the said levels.
DIVIS LABS Breaks Above ALL TIME HIGH (Good Investment)The price action breaks above its all time resistance level with a high volume, it signals a bullishness in the price action. I would suggest to wait for the correction in order to buy this again. Good opportunity to invest in this after a correction to previous resistance level.