Divislab is highly likely to break 1600 in the coming fews. It is in a overbought zone and RSI has given a sell indicating a move south for Divislab. #Shortterm.
Adjust trading volumes as per entry price.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or...
Buy at CMP,
Target 1 - 1492
Target 2 - (Above 1496) target for 1517
SL - 1445
RSI (14) looks strong, momentum building up.
This is a Positional Trade.
This is my analysis, please do take time to make your
own analysis before engaging in a certain trade setup
Divis Lab is weak after forming a double top after a great rally .
On hourly , it has formed an inside bar on weak support level .
Can go short below the low of the bar .
Levels are mentioned in the charts .
BSE:DIVISLAB FRESH BREAKOUT
STOCK HAVE GIVEN AND NICE CLOSING WITH FRESH BREAKOUT ON DAILY AND WEEKLY CHART.. EXPECTING 10%-20% MORE UPDATE POTENTIOL ON STOCK WITH MAJOR RESISTANCE AT 1450...
NOTE : UNDERSTAND THE PRICE ACTION MOVEMENT AND ALWAYS #GOWITHFLOW
HOPE YOU ALL ARE ENJOYING OUR SERVICES...
FOR LIVE INTRADAY TIPS INSTALL OUR FREE Application :...