ATH level breakout in Divis lab. Low risk. SL below the previous swing low.
Divislab closed near its all-time high and if stock sustains above 5270 we can see a good rally towards marked targets on the chart. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:DIVISLAB Observations: 1) On Daily Time Frame, it just closed above 21DMA which is also a good support at 4900. Please refer Chart below: Daily time frame. 2) On 15 min time frame, it is now in critical Zone. Please refer Chart below: 15min time frame. ------------------------------------- Trade Setup for Date 20-08-2021: 1) Don't Jump in...
DIVIS LAB is making a very good head and shoulder pattern which is right at the support. The resistance was broken earlier now turned into support. So some bullishness will result in a good trade. So watch out for this one. COMMENT down below your views on the analysis.
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
DIVIS LAB is looking for buying opportunity, best time to get in & make some decent amount of profit. It's now or never.
DIVISLAB is looking for great buying opportunity. Has the chance to make some heavy chunks of profits, Charts looks way clean & ready to 🚀
Niftypharma getting hot agains for big move. concentrate on pharmastocks now
Divislab is making syymetri triangle,upon either side breakout/breakdown we will tale position .
the stock has consolidated and is in high resistance zone go long with 2-3% below as stop loss
Note: 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, now is a new resistance which has also been tested! Prices keep falling
Note: 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.
Note: 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 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...
BUY divislab Futures with SL of 168.5, hoping for a good trade in short term