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
📈 Divis Lab 📉 This broke out from a Resistance Zone of downtrending Trendline and closed above previous high of 4450. On Buy Side I am looking for Targets of 4680, 4940 and 5370. StopLoss should be kept below 4200-4300zone. It offers 1:3 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a...
Divis Labs: Sector: Pharma and Biotechnology Industry: Pharma Divis Laboratories (Weekly): 1. Double Bottom 2. Breakout of Double Bottom 3. Positive Crossover of 5,13 Weeks Exponential Moving Average Daily: 1. RSI Bullish Divergence and Double Bottom Breakout 2. Trendline Breakout 3. Good to buy above consolidation breakout (closing above 4590) 4. Positive...
Long Opportunity Divis Las has moved more than 100 points on the last trading day, and then it went sideways. If it crosses the level of Rs. 4573.90 then we can go for long. there is a long target for the positional trader because this stock has created a double bottom pattern on the daily chart, which means there is bullish movement expected in upcoming days.
Long Opportunity - This is the recovery rally, but there is not a huge impact we have seen on Divis Lab stock, but it may go positive if there is any positive news about the Russia-Ukraine war. For now, we can expect positive movement in the stock. If this stock opens a gap up or flat we can go for long once it crosses the level of Rs. 4480.65 for the target of...
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....
Long Opportunity - Divis lab has shown bullish sentiments, and it is expected to go up on the next trading day. If it crosses the level of Rs. 4520.55 then we can go for long for the target of Rs. 4551.30. But it has formed a double bottom pattern in 15 minutes timeframe, so it might retrace at a neckline of Rs. 4466.65. Happy Trading!
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...
Long Opportunity - Divis lab ha retraced on last trading day, and it has collected strength to go up. There is critical resistance of Rs. 4352.80, if this stock cracks this level we can go for long or else if this stock falls down we can find buy opportunity at the level of Rs. 4304.45, it can take support of this level and may jump to achieve the target of Rs....
Long Opportunity- Divis Lan is in an uptrend and on Friday it can show bullish movement. There is Resistance Zone between 4331.10 to 4334.10, Price has given multiple attempts to break this level, but didn't sustain over there. If it crosses this level then we can go for Long for the target of Rs. 4380.70. But kindly note that we can't ignore the double top...
Long Opportunity - Divis Lab has changed the trend from the downward to upward direction. It has been retested at the neckline of Rs. 4066.00 & take a bounce from it. So, there is a bullish trend expected in this stock on Wednesday. It may consolidate at a level of Rs. 4174.55 & then may take a jump or it will retest at a level of Rs. 4116.50 & then may jump. We...
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.