divis lab taking resistancethe stock has consolidated and is in high resistance zone go long with 2-3% below as stop loss
Divislabs
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.
Support broken and tested! Prices falling!
Support broken, now is a new resistance which has also been tested! Prices keep falling
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.
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.
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
BUY BUY BUY DIVISLABS FUTURESBUY divislab Futures with SL of 168.5, hoping for a good trade in short term
'DIVIS LAB' #SELL BELOW 1240INTRADAY TRADE (TRADE FOR TOMORROW | OCTOBER 24, 2018)
DIVIS LAB SELL BELOW 1240
SLEEPING BEAUTY !i see the stock has less to loose and more to gain ! thus risk reward is fare enough to carry long!
DIVISLAB: Buy @ 1068 Stop-loss 1043 Target: 1120DIVISLAB has increased OI today on NSE on greater than average Volumes.
Buy DIVISLAB on NSE around 1068 with Stop-loss of 1043 and Target of 1120
DIVISLABS - TRIANGLE BREAKOUT It is been oberseved that the price action breaks out again from a triangle consolidation and now it shall further moving to upside.
Target: 755
Stoploss: 730
