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
DIVIS 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...
Please Consult Your Financial Advisor Before Taking Any Decision.
BSE:DIVISLAB is down 3.5% as of now and expectation are for a slight rebound from area 1462.55 which is a 15m demand zone. Stoploss around 2.8 points below entry with tp 5.6 or 8.4 points above entry.
Note: Always risk 1% of account...