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Divislabsell

Divis Lab - Short OpportunityShort 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. The level of Rs. 4430.30 is very crucial and if this support breaks there will be a sharp fall expected. We can go for short if this level breaks for the target of Rs. 4373.20. Happy Trading!
NSE:DIVISLABShort
by sayenpure
Divis Lab - Short OpportunityShort Opportunity - Divis lab took strong support of Rs. 4013.10. The international market closes in negative sentiments, so it is expected that this stock will open a gap-down. We will initiate our short selling of this stock closes below the level of Rs. 4013.10. But we can't ignore that there is a double top pattern formed in this stock. and if his stock opens in positive sentiments, we will wait to retest this stock at a level of Rs. 4046.90 and then we can go for long. But there is a high probability trade at the downside.
NSE:DIVISLABShort
by sayenpure