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DIVISLAB

DIVISLABTrendline and the specially designed volume action analysis suggest a BEARISH run on the DIVISLAB. This is my this week analysis on DIVISLAB pivot point and resistance line are supporting the bearish view. The background with light green color are indication for bulls taking the position and the Light red background suggest Bears are dominating in the region. will give follow back to all the followers. Please comment and let me know about my analysis, Follow for more analysis. **DISCLAIMER There is a very high degree of risk involved in trading. Past results are not indicative of future returns. I assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice.
NSE:DIVISLABShort
by TJalam
1
BEARISH view on DIVISLABTrendline and the specially designed volume action analysis(Designed in Pine script code) suggest a Bearish run on the CIPLA. The DIVISLAB is nearing the resistance line with good bearish volume indications. This is my NEXT week analysis on DIVISLAB two resistance line are there with good volume supporting the bearish view. The background with light green color are indication for bulls taking the position and the Light red background suggest Bears are dominating in the region. will give follow back to all the followers. Please comment and let me know about my analysis, Follow for more analysis.
NSE:DIVISLABShort
by TJalam
District Bullish Bat pattern is going formed on the DIVISLAB.(i) A Bullish Bat pattern is defined when the B point is less than a 0.618% retracement and In the above chart there is 50% B point of XA leg retraced. (ii) A Bearish Bat Pattern occasionally forms after retracing from a critical high point. ie, 3388.70 the retracement 0.886 will occur close to the prior high when completed, which is X. Wait for the entire Potential Reversal Zone to be tested before executing, to validate. Terminal Bar means reversal bar is important to excuse our trade setup. For target, You can use Fib Ratio 62.8% and 38.2% as targets.
NSE:DIVISLAB
by UnknownUnicorn6129250
DIVIS Laboratories, great comeback!DIVIS Laboratories showed a great comeback today from its strong support zone around Rs.3025. Gave clear Rs. 50/- on upside from the closing high of the buying divergence (yellow) candle on hourly chart. Next resistance around Rs. 3120. If that is broken, it can move towards 3100 / 3200 levels. Indicator used TE REKAB, it captures reversals in the market. This is my personal study & idea. Please take advice from your financial advisor before taking any investing decision based on above chart. Happy Investing ! PS: If you appreciate my study, pls leave a like. My funda is to keep trading simple & stick to your conviction, once you are on the right side of on intra-day trade !!
NSE:DIVISLABLong
by c4dilip