Theory: DIAGONAL: Diagonal are the motive waves like an impulse wave, but diagonals are different from impulse wave in that they do follow the first two Sutras (rules of impulse wave) for wave analysis, but it does not follow the third one i.e. Wave 4 should not intervene the territory of the wave 1. In a diagonal wave 4 always enters into the price territory of...
The main support was broken yesterday, and it has also undergone a small retest. Wait for a moment; it should undergo another retest before entering.
Looking good for long once it break's out the resistance. Avoid short positions, however if you wanted to short let the candle close below the horizontal line It is 0.23% retracement.
Stock is near to BO on daily chart with good volume spurts, stock retested it's support after 1st BO, follow chart for proper entry and exit levels.
Divi's Laboratories Limited is an Indian multinational Pharmaceuticals company and producer of active pharmaceutical ingredients and intermediates headquartered in Hyderabad, Telangana, India. The company manufactures and custom synthesizes generic APIs, intermediates
Divislab looks good to sell, for the target of 3400.
📈 Divis Lab 📉 This broke out from a Resistance Zone of downtrending Trendline and closed above previous high of 4450. On Buy Side I am looking for Targets of 4680, 4940 and 5370. StopLoss should be kept below 4200-4300zone. It offers 1:3 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a...
HI, Divis Labs looks good for a breakout after a consolidation of many days. Best buy would be above 4550 with a SL of 4349 (as of now) and targets of 4960 and 5100. Daily Macd is showing signs of bullishness and Weekly Macd is giving a breakout for upside moves. Rsi is above 50 and a move above todays high will confirm the bullishness. Stock is trading above...
Divis Labs: Sector: Pharma and Biotechnology Industry: Pharma Divis Laboratories (Weekly): 1. Double Bottom 2. Breakout of Double Bottom 3. Positive Crossover of 5,13 Weeks Exponential Moving Average Daily: 1. RSI Bullish Divergence and Double Bottom Breakout 2. Trendline Breakout 3. Good to buy above consolidation breakout (closing above 4590) 4. Positive...
Long Opportunity Divis Las has moved more than 100 points on the last trading day, and then it went sideways. If it crosses the level of Rs. 4573.90 then we can go for long. there is a long target for the positional trader because this stock has created a double bottom pattern on the daily chart, which means there is bullish movement expected in upcoming days.
Divis lab buy signal Buy above 4540 for an target 1 - 4750, target - 5000. Form an W pattern in Day frame buy if cross 4540
Long Opportunity - This is the recovery rally, but there is not a huge impact we have seen on Divis Lab stock, but it may go positive if there is any positive news about the Russia-Ukraine war. For now, we can expect positive movement in the stock. If this stock opens a gap up or flat we can go for long once it crosses the level of Rs. 4480.65 for the target of...
Short Opportunity - Divis lab has formed a bearish pattern on Day, 1 Hour and 5 Minutes timeframe chart and for upcoming days there will be a bearish movement expected in the pharma sector. There is no direct connection between the Russia-Ukraine war but as the many pharma sectors have their plants in Russia, there may be an effect we can see on this stock too....
Long Opportunity - Divis lab has shown bullish sentiments, and it is expected to go up on the next trading day. If it crosses the level of Rs. 4520.55 then we can go for long for the target of Rs. 4551.30. But it has formed a double bottom pattern in 15 minutes timeframe, so it might retrace at a neckline of Rs. 4466.65. Happy Trading!
Short Opportunity - Divis Lab has formed a double bottom on a 1-hour chart timeframe and it is in retracing mode, so it is expected that this stock will fall down on the next trading day till Rs. 4267.90. We will go for short if any candle closes below 4372.75.
Sideways Divis Lab is on the uptrend, but it is having a holt on Rs. 4400, which is the psychological number. When the stock trades at this psychological number it means that the stock might take a holt over there and then may show breakout. If it crosses the critical level of Rs. 4404 then it will show an upward direction again. We can go for long if it crosses...
Long Opportunity - Divis lab ha retraced on last trading day, and it has collected strength to go up. There is critical resistance of Rs. 4352.80, if this stock cracks this level we can go for long or else if this stock falls down we can find buy opportunity at the level of Rs. 4304.45, it can take support of this level and may jump to achieve the target of Rs....