Divis Lab - Short OpportunityShort Opportunity -
Divis lab has taken resistance of Rs. 0.382 level of fib retracement and started falling down. There is bearish movement is expected as all the international market is closing in negative sentiments. If this stock closes below the 4151.50 level then there will be a strong bearish movement is expected. Ignore this stock if it gives movement in between 4192.45 to 4163.55.
DIVISLAB
Divis Lab - Long Opportunity.Long Position -
Divis Lab is now showing as an uptrend. If this trend continues on Wednesday then it might give the level of Rs. 4455.25 in the next 1-2 days. But we have to be cautious at this level, as Nifty Pharma is not in a recovery zone. But there is a Minor SR at the level of Rs. 4236.45, In case markets open gap up then we can initiate a trade in the above-drawn zone, but the condition is the first candle should be closed as bullish. If these all rules fit we can go for long and can easily achieve 30 points in intraday.
Beware that if the market opens in bearish sentiments there will be correction expected.
DIVISLAB - Breakout after reversal from support - Swing tradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Low Risk Entry for Positional Longs - DivislabDivis Lab has been regularly taking support at 50 weekly ema and has always given a good move post taking support, entry at current levels with a stoploss of weekly close below 4350 gives a good risk reward for a move to ATH and beyond.
NOTE: VIEWS ARE FOR LEARNING ONLY
Divis labAfter breakdown coming back above the support which turned resistance
Took support at 200 DMA
Keep sl 4440 and ride till ATH
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.
DIVISLAB - Swing Trade - 200EMA supportThe analysis is done on Daily TF hence price may take few days to few weeks in order to reach the targets.
Trade logic is based on simple 200EMA strategy (explained in image itself).
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me various platforms for any query or suggestion regarding this stock or Price Action Analysis.
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.