Tradesetup for Divislabi would be holding my position till it plays within the rising wedge and close the long trade and open a short as soon as it breakout from the wedge.
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DIVISLAB
Divis Labs Potential Short CandidateSelf Explanatory: NSE:DIVISLAB On a daily time frame it has formed head and shoulders pattern and retest of the breakdown happened.
On weekly time frame potential trend reversal has occurred.
DIVISLAB | Flag Breakout In SightDIVISLAB is on the verge of flag breakout. Earlier we posted about HnS Pattern and also mentioned that we need to go long once it closes above neckline at 1235-40 because the support of 1215 was huge. Now it near the completion of target of previous swing at 1555. Once it crosses that, it can easily go for higher targets as shown in the chart. SL should below the flag.
'DIVIS LAB' #SELL BELOW 1240INTRADAY TRADE (TRADE FOR TOMORROW | OCTOBER 24, 2018)
DIVIS LAB SELL BELOW 1240
DIVISLAB | Head, Shoulder or Knees and ToesDIVISLAB had formed good HnS pattern on daily timeframe and today it broke it. However there is major support zone at 1215 as per PA, which might hold for sometime, So once it will close above neckline, it will go long. One can short it around 1235-40 with SL above 1249.
DIVISLAB BO FROM CUP & HANDLE DIVISLAB we have seen BO from cup&Handle formation looking good for long term investment
CIPLA option strategy levels and views the view is formed by studying various parameteres and thus i am holding a strong bullish view in the counter which may take it to the levels of even LT H in oming couple of days !
DIVISLAB RESULT CALLDIVISLAB RESULT ON AUG 4
4HOUR AND WEEKLY CLEAR TRIPLE TOP.,,,
SELL CMP 1155. SL 1180(CLOSING BASIS)
TARGET 1040.990.928,,
OR
BUY 1200 CE 37 -800 QTY.----
BUY 1100 PE 27 - 1600 QTY.
WAIT TILL AUG 10
