divis lab trend play (with sl)although its a gap there which need to fill but i see it shall take some time , and even if it fill it will not go one way down (leat possiible) thus will be happy to go long on dip for temporary 5% gain
DIVISLAB
THIS TIME DIVIS LONGafter respecting the trend line resistance seems it may come up and 3200 and 3250 can be seen
if not sustain then 3125 and low can be seen
level mark
stay tune on mcpriceaction
Jyoti Labs buy trend continuation on 60 min chartJyothy Labs is in a strong uptrend and is continuing its move. Recently it has tested its previous resistance which is now working as a support and now given the breakout of a down trendline so we can ride this trend with strick stoploss.
Downtrend started in DIVISLABAs marked in the chart probable downtrend setup is forming in the DIVISLAB
After breaking the important structure, price retested the levels again.
Hourly chart also shows the clear down trend starting.
Further increase in the delivery volume and volume in general also suggests the big move coming.
Next 2 sessions will confirm it further.
Divislab - Bullish breakout from channelNote: This is for educational purpose only.
There seems to be a bullish channel breakout in Divislab. RSI above 60 indicates bullish momentum as well.
Change in polarity: When resistance becomes support1. It broke a range on the downside
2. Came back to test it
3. rejected that resistance there with a bearish engulfing pattern (support becomes resistance)
4. would continue its fall once the bearish engulfing is confirmed (the low is taken out)
Divislab - In a downtrend channelNote: This is for educational purpose only.
Divislab is in a clear downtrend in hourly chart. Short can be done post breakout of the channel. As there seems to be a build up near a lower end of the channel, I am currently bearish. However, will wait for channel breakout in case of taking any position.
Hrmonic Pattern In Divislab - Bullish Deep CrapDivislab has formed the harmonic pattern of bullsh deep crap.
One can take long position after the stock price has reached the PRZ level with above given Tgt and SL
This is my view, For trading consult your advisor.
Divis lab short if price breaksdown below 2245Date: 01 July 2020
Divis Lab (CMP 2257.70)
Multiple chart patterns in Divis Lab.
Descending triangle pattern and Head and Shoulders pattern
If price breaksdown below 2245 then we can see downward target of 2000
T1- 2175, T- 2075, T3- 2000; SL- 2350
Target date: 25 Aug 2020
Divislab Daily Analysis_01/07/20a. Zone: Strong Bear
b. Resistance 1: 2326.60
c. Resistance 2: 2362.10
d. Support 1: 2264.40
e. Support 2: 2237.75
BSE:DIVISLAB
DIVIS LABORATORIES Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Divis Labs - Distribution PhaseNote: This is for educational purpose only.
Bearish cloud cover formed near resistance. Break below support will lead to further downtrend. RSI indicates loss in momentum too as RSI below 50.
DIVISLAB GOOD FOR LONG TERM?DIVISLAB IS STARTING TO MAKE THE SAME RECTANGLE CONSOLIDATION PATTERN THAT IT HAS FOLLOWED THREE TIMES AND WHENEVER A BREAKOUT HAPPENS WE HAVE SEEN ALMOST 190,270,430 POINTS IN PAST.CONSIDERING IF WE HAVE A SAME PATTERN IN NEAR TERM AND IF A BREAKOUT HAPPENS ABOVE THE RANGE WHICH WE ARE PREAMPTING AS IT IS NOT CONFIRMED THAT WE HAVE A NEAR TERM RESISTANCE AT 2550 BUT IF IT HAPPENS WE CAN WITNESS A MOVE OF 670 POINTS ATLEAST IN FUTURE.
Divis Lab [swing trade]Go long if it sustains the level of (2450-2460) for the targets of (2625-2640) / (2750-2725) / (2825-2850)
CNX Pharma - Bull Run to startKeep Pharma stock on watch list.. coming out of consolidation after 5 years.
Divis lab looks bullish after a long up move .Some profit booking after an upmove seen in divis labs...
DIVIS LAB SWING ANALYSISDIVIS LAB made a strong close yesterday and has reached its all time high.
The trend is bullish and the stock has no further upward resistance which could mean a good long entry for both swing as well as positional ,riding the trend and trailing your stop loss.
Trade will be valid only on bullish 75CB and further price action confirmations.
Here's the daily chart :
Indicators :
However, one to keep in mind would be Nifty50's movement. If the index goes up with strong momentum,a long trade in pharma sector has a probability of failing. BSE:DIVISLAB
DIVIS LAB Long or short Sustained above or below of Pattern will lead to the target line(marked) with sl of sustained candle low or high
wait for sustain
**Educational purpose only
