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
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....
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...
Short 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...
Short Opportunity - Divis lab is in the downtrend. We can go for short if it crosses the support level of Rs. 4100. The CPR is narrow and at the downside so we can expect a downtrend movement in this stock. It has strong resistance of Rs. 4118.85, if this stock opens above this level and 15 min candle closes above this level then there will be bullish movement expected.
Short Opportunity - Divis lab is now showing a downtrend, it has reversed from 0.5 level of fib retracement which is also showing a downtrend. We can go for short if this stock closes below Rs. 4153.40 then we can go for short. This is the level where the stock will break its descending triangle pattern.
Short Opportunity - Divis lab has taken resistance of Rs. 0.382 level of fib retracement and started falling down. There is bearish movement is expected as all the international market is closing in negative sentiments. If this stock closes below the 4151.50 level then there will be a strong bearish movement is expected. Ignore this stock if it gives movement in...
DIVISLAB now got breakout so expecting short targets on chart support our sub brocker in stock market like and follow
DIVISLAB 1. down trend reversal started 2. next just retest and big rally coming sooon 3.
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...
DIVISLAB looks good to short if it breaks the trendline downside with good candlestick pattern formation. (for educational purpose only)
Divislab below 50 days moving average + has broken low of bearish engulfing candle. Sell Divislab At Cmp 3079 Or On Rise To 3125-3130, Strict SL - 3270 (Day Closing Basis) Target - 2750/2800
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.
Date: 01 July 2020 Divis Lab (CMP 2257.70) Multiple chart patterns in Divis Lab. Descending triangle pattern and Head and Shoulders pattern If price breaksdown below 2245 then we can see downward target of 2000 T1- 2175, T- 2075, T3- 2000; SL- 2350 Target date: 25 Aug 2020
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.
NSE:DIVISLAB Risinig wedge. Short under 1780 if sustained. TGT-1770-1760 SL 1800