DIVIS LAB | Triangle Pattern BO with Vol | 20%NSE:DIVISLAB
Breakout with volume from Triangle Pattern
Targets : 4140 - 4380 - 4620
Upside : 20%
SL : 3475
Time Frame : 3-6 Months
RSI Back in Bullish Zone
CMP above 20 & 200 Week EMA
DIVISLAB trade ideas
Divis Lab on the making of Head & Shoulders-weekly. Watch out!!!Please keep an eye on the H&S pattern forming in Divis. If the right shoulder is fully formed in weekly and if it closes below the neckline, it can be a good short opportunity
Divis shortcmp 3271
support broken at 3357 on weekly chart
Next support 3025
stock in in downward trend
Divis LabHead and shoulder pattern in Divis Lab suggest more deeper levels.
Start adding for long term near 3200/3000 50% amount anda rest 50% near 2800 level if comes.
DIVISLAB Channel formed |Head & shoulder |Time to "decide trend"
• As shown on chart DIVISLAB shows channel formation . Current red candle is showing respect to the channel's resistance trendline.
• Historical Support is there from 3350.10 to 3435.00 shown on chart. •Above 3981.90 Trend can be change with the formation of Higher High's (HH) and /Higher Low's (HL) .
• Chanel deciding the price.
• Head and shoulder Pattern : Let decide the trend as we can see head and shoulder on bigger timeframe, therefore , 3981.90 We can consider it as a Flip level , otherwise downside fall can increase.
• History can repeat : choose the trend.
DIVISLAB forming a beautiful price action patternDIVIS LAB has formed a descending triangle pattern with significant price action setups.
1. We can spot a supply zone that has been marked on the chart, a good amount of shares were exchanged at that price before the prices came falling down.
2. The price then took support from the demand zone as marked and made a new swing high which gave a breakout but with low volumes which ultimately failed and again prices dived deep down.
3. The last major fall was initiated by a bearish engulfing pattern indicating that sellers are now active at that range and GTT orders might be in place there so that region is very important for us.
Now, if the prices break down from the supply zone we can see another sharp fall or if it takes support we can easily see a rally upwards toward the 3800 zone.
Divis Lab possibility of going bearish for short term.As you can see Divis Lab is on the way to downside, in minor Wave E forming a Triangle pattern.
As per EWT minutte wave (c) can travel till fibo ratio 1 or 1.2 which are also my target.
But a trader must be cautious if it breaks the invalid level of 3710, if this level breaks above all study/ Analysis will be invalid.
Divis Lab Buy @ CMP 3737 Target 3800-3850-3900+ SL below 3630Divis Lab Buy @ CMP 3737 Target 3800-3850-3900+
SL below 3630
DIVISLAB chart#DIVISLAB
Time frame- Daily
* Long in PHARMA
* Facing resistance of 50DMA if it crosses it, good upmove can be expected
* Breakout above 3715
* Short term pick
Disclaimer:- I am not SEBI registered analyst. Only for information and education purpose. Please consult your adviser before investing.
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Reversal from Strong support zone in Divis labReversal is showing at very strong support level . in the current market condition, diagnostic sector showing good strength . divis level is one of them.
initial confirmation shown on my indicator and price action is also supporting .
initial immediate target can be 3900.
Always follow risk to reward ratio, this is the only method for survival in the market.
view is educational not any type of recommendation.
Double top pattern in DIVISLB.Discription:
Stock Name:
Chart Pattern: Double top pattern
Time Frame: 1 Hour
Entry: Reversal From resistance level
Targets: Reversal Target up to support level
DIVIS- Bulls Counter attack DIVIS- Bulls Counter attack , upward trend as long as it sustains above 3667 on closing basis. Potential targets 4063 and 4361
DOUBLE BOTTOM PATTERN BREAKOUT IN DIVIS LABS.Hello traders , here is the analysis for this stock let me know in the comment section below if you have any questions , the entry will be taken only if high of today is taken out . I suggest you keep this stock on your watchlist and see if the rules of your strategy are satisfied.. According to me, an up move of 20-25% can be expected in DIVISLAB.
Keep trading ❤️
Hustle hard ✅
sell divis lab for swing Swing trade.
Sell divis lab in future at 3600 sl 3665 target 3581.3566.3552.3535.3519.3400. When your postion is profitable. than trail your stop loss close to the target
BUY DIVIS LAB equity at 5000 Must buy Divi's Lab around 5000.1 Because Divi's Lab moves very fast in a day. And now it takes retracements. 2 They do retracements. The moving average in the short term is close in hours and 30 minutes. Diversion showing stock down 20%. This is a great move to buy a stock. Nifty is also rising in a bull run. It has very good support at 5 30 mins and 1 hour (1 stock support and 2 support moving average)
note: you can either buy call and future what you want its your wish
Divis Lab at Demand Zone
**This is weekly time frame analysis so that only used for medium term swing trade.
** Demand Zone- 3300-3450.
** Double Bottom At Demand Zone
** Above the 200 EMA( which is good sign)
**This is the pefect Entry if you are following "Demand-Supply setup"
** It has already moved up 4-5% but still entry can be initiate.
** Stop loss- 2950-3000, Target 1st -4300, 2nd- 5280
**Keep Learning !
Divis Lab - BearishDivis lab is in correction mode, near immediate support level of ~Rs 3580 level.
If breaks the support level, then may see further downside,
Stock already corrected more than 40% from its highs, and now trading @ PE of 30 .
