DIVISLAB
DIVISLAB: Buy @ 1068 Stop-loss 1043 Target: 1120DIVISLAB has increased OI today on NSE on greater than average Volumes.
Buy DIVISLAB on NSE around 1068 with Stop-loss of 1043 and Target of 1120
GLENMARK BuyPharma stocks have been doing ok for some time now.
Considering the fact that they were coming from dead, there was still a lot of skepticism around though.
Today pharma had a break out day that should covert the non-believers.
While the likes of DIVISLAB and AUROPHARMA has a day in the Sun, there are better bets out there.
GLENMARK here has just broken out and will sure see much follow though as it has been a relative laggard so far.
50 points should be given to 700 level in short term. Long term investors can get in too! Excellent levels for fresh longs.
Happy trading.
DIVISLAB BreakoutDIVISLAB has been respecting the neckline for a while.
Currently testing it again, awaiting breakout or reversal
DIVISLAB ShortThis stock has run up like no tomorrow lately.
Was a great run. Hope our community made some money off of it.
If not, worry not. Here is your chance!
Clear path to ~760, about 100 points down, is visible here.
Considering the overall bias that I have ( see the related trades), this one seems to be a very good short candidate.
If things pan out, this one will probably see a much more accelerated down move compared to the rest of the market because it has run up massively.
So there are long positions built up anxious about their profits. And there are opportunistic shorts like me. That's a double whammy.
My prediction, as can be seen on the chart, is 760 from 860 now.
Trade at your own risk.
DIVISLAB BreakoutDIVISLAB is in breakout/reversal zone.
Been bouncing around neckline for six months now.
Symmetric Triangle on Divis LabSymmetric Triangle pattern formation on Divis Lab and it may break either side.
Trade Long:
Buy above - 740
Target 1 - 748.50
Target 2 - 760
Stop loss - 730
Trade Short:
Short below - 730
Target 1 - 721
Target 2 - 710
Stop loss - 740
Symmetric Triangle on Divis LabSymmetric Triangle pattern formation on Divislab on 1hr chart and it may break either side. MACD trend showing neutral bios. So, wait and catch the good entry.
Trade Long:
Buy above - 664.00
Target 1 - 669.00
Target 2 - 674.00
Stop loss - 656.00
Trade Short:
Short below - 652.50
Target 1 - 647.50
Target 2 - 642.50
Stop loss - 660.00
DIVISLAB - Short Term Reversal At Support ZoneIt is been observed that the price action is indicating a strong support at 600-630 levels, where good buying shall be seen. Therefore, now the price action shall reverse from the support zone to move forward to next resistance levels of 665-670.
Target: 665
Stoploss: 600
divislab - a must buyfor educational purpose only - divislab is go have a relief rally upto 931 buy it with sl of 770.
DIVISLAB - Breakout Attempt The stock fell a lot and now has been in an upward move, as seen by the trendline.
The previous day it showed great strength on the trendline base.
The blue line is an important daily level ( see chart below )
which it crossed today.
If it sustains above 790, it could see levels of 830-850 in coming days.
DIVISLAB - NEW BREAKOUT It is been observed that the price action is facing resistance at 780-85 levels previously and now it has broken above the strong resistance levels, it shall now move further up.
Target: 800
Stoploss: 770
DIVIS LAB - CHANNEL BREAKOUT It is been observed on the Daily Chart that the price action consolidated within a downward channel or flag formation and then breaks and closes above it, indicated a channel breakout. Now, it has further moved up from the breakout levels indicating a continuation of trend and further move up.
Target1 : 770
Target 2: 780
Stoploss: 750
Regards
Educational 17: Rising Three Method- Bullish Candlestick PatternRising Three Method - Bullish Continuation Pattern
A bullish continuation candlestick pattern that is used to predict the continuation of the current uptrend. This pattern is formed when the candlesticks meet the following characteristics:
1. The first candle in the pattern is a long White/Green candlestick within a defined uptrend.
2. A series of descending small-bodied candlesticks that trade within the range of the first candlestick. Three inside bodies also counted as consolidation period before continuation of the uptrend.
3. A long White/Green candlestick creates a new high, which indicates that buyers are back in control of the direction and the trend shall resume and go further up.
I encourage you to find a chart with this pattern and share your experience to bring confidence and clarity to other traders on this pattern.
I appreciate your support,
Regards
DIVIS LAB CHANNEL BREAKOUTIt is been observed that the price action consolidating within a channel on hourly chart, and now it breaks above it indicating further bullishness.
Target: 725
Stoploss: 700
DIVISLAB PENNANT BREAKOUTIt is been observed on the Daily chart that the price action breaks below the pennant or symmetrical triangle formation, indicating a further move to downside. It shall further reach down to support levels.
Target : 750
Stoploss: 785
Divis Lab: Consolidation Near Medianline, Will it Breakout?Stock consolidating near the medianline. Would get excited on a breakout. Watch this stock
