[Positional/swing] Divislab Long....Good structure in divislab
Uptrend with increasing volumes
now consolidating with low volumes
So buy 50% above 3855
add more if close above3900
for 6% immediate target approx. 4130
weak below 3650
Fundamentals also looking good
Market Cap--₹ 100,340 Cr.
ROCE--24.4 %
ROE--18.6 %
Promoter + institutional holdings More than 89%
Debt Free
Pharam
Alembic Pharmaceuticals ready for a launch✅buy and hold✅
buy @930-38 range
add @ 900
trgt 985-1030-1100+🎯🎯
(period 1-3 months)
why this fall happened ?
there are two major 2 reasons for this fall
first one
🔸profit booking in pharma sector
second one
🔸negative q3 result published.and it's advanced so its fell.
reasons for this buy
🔹anytime we can expect a ride in the stock
🔹chart looks promising
🔹forming ascending triangle
if u are interested in my charts
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