Short divis lab below 4028 The top has been breached and a fall is expected after the first pullback. The stock is low on volumes with a negative RSI diversion and is advancing its 200 ema. More fall will be there if it breaks the trend line.
Good structure in divislab Uptrend with increasing volumes now consolidating with low volumes So buy 50% above 3855 add more if close above3900 for 6% immediate target approx. 4130 weak below 3650 Fundamentals also looking good Market Cap--₹ 100,340 Cr. ROCE--24.4 % ROE--18.6 % Promoter + institutional holdings More than 89% Debt Free
Divis lab has given a strong breakout after months of range bound consolidation. Target 4600
1) Price is above Trend line 2) Resistance zone formed is very crucial 3) Last breakouts were not failed Now here is the point I observed that after breakout price retest the breakout resistance so be patient do not feel FOMO if it sky rocket from here try to enter when stock making a retracement
Stock has made all time high but has been rejected multiple times from the same zone, might come for selling tomorrow However looks good for swing Buy only if hourly candle closes above 3925 !! P.S. Sell below 3850 only for targets of 3800 and 3780 (Intraday)
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daily chart pattern positive sentiment of pharma sector Need Volume for Confirmation Up from 20 50 100 200 EMA I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis I have a List of Top & Best Shares for...
Divis lab failed to cross the zone again same level attempting to break. Let's see pharma is in full swing.
Divis lab has given a strong breakout on Daily chart.
watch pharma sector breakout stock DIvi lab Not recommend for buy and sell
daily chart pattern positive sentiment of pharma sector Need Volume for Confirmation Up EMA I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
BSE:DIVISLAB Observations on the Chart. The scrip is gaining momentum in the said channel and will head up higher. The levels of rejections and potential target are mentioned in the chart. All predictions are merely educational and not a trading advice whatsoever
Divislab in consolidating between 3800 and 3300 since the beginning of the year. The stock is bullish above 3920 which will be a breakout. If there's a trend continuation, the price will reverse and may reach 3300 which is a good support.
Buy on dips near 3600 with SL of 3400 for target of 4200/4400/4600
Stock has taken rejection from the resistance zone for third time this year. Good to short if stays below trendline. Sell below 3675 for a target of 3600 and 3561 Consider to buy only and only if sustains above 3915 for target of 3950, 3975
DIVISLAB is near it's resistance & it can nice a breakout which can initiate a positional trade for a target of 3900.
RSI is indicating likelihood of breakout from falling trendline. Abv 60 RSI is indicating strength of the move. RS is positive. Volume is good. EMAs have crossed to the up. Price has bounced from near the 1 year EMA. Dip towards 3650-3550 is an opportunity to enter long with sl below 3350 and keep holding for 2-3 times of risk. Long wick formed in last 2 trading...