Divis lab can wait for a breakout from major level.Divislab is positioned well to give a breakout . can go long if sustained 4650 wait for daily candle to close firmly above 4650 .
DIVISLAB trade ideas
Watchlist - Divis LabWatchlist Divis Lab>> Price is consolidating in the range of 4400-4600.
Above 4700, New high can be seen .
Entry & Stop loss latter
#Divislab Long (30 Mar)#Divislab Long (30 Mar)
RSI-62
Rising 3 candlestick pattern at resistance
Buy at CMP- 4590 or at 4550
SL- 4448
Target- 4732, 4950
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Charts and views are only for educational purpose.
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Long on DivisLabThis channel is about sharing my views about the Indian stock market. I am not SEBI registered. This channel is only for educational purposes. Before taking a trade takes a suggestion with your Financial Advisor (or) Trade at your own risk. I am not holding any position.
Divi's Laboratories Ltd is Breaking the "W" Pattern one it brakes the neckline we call see good movement.
DIVIS LAB GOOD BUY FOR TGT OF 4960 DIVIS LAB
CMP 4530
TGT 4960+
SL 4365
Risk Reward (RR) - 1:2.6
Potential Returns : 10%
Potential Loss: 3.6%
Time Frame: 1 to 2 Months
Symmetrical triangle pattern in DIVISLABOn Daily Time Frame, DIVISLAB indicating Symmetrical triangle pattern breakout. After this breakout stock made it's breakout retracement upto breakout resistance level . Expected upside target in this stock is 5270+.
DIVIS LAB - DAILY - BULLISH MOVEMEMNTDIVIS LAB BSE:DIVISLAB
Daily Time Frame
Entry from Support
Target
[BUDDHA] DIVISLAB Inside Bar Trade Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
DIVISLooks good momentum play. First rallied through double bottom, now broke through swing highs. Expecting momentum to continue and catch it. Volumes kicking in too.
Divis Lab - Long OpportunityLong 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.
Divis labDivis lab buy signal Buy above 4540 for an target 1 - 4750, target - 5000. Form an W pattern in Day frame buy if cross 4540
Divis Lab - Long OpportunityLong 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 Rs. 4524.75.
Divis Lab - Short OpportunityShort 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. The level of Rs. 4430.30 is very crucial and if this support breaks there will be a sharp fall expected. We can go for short if this level breaks for the target of Rs. 4373.20.
Happy Trading!
DIVIS LAB : "W" PatternFundamentally good stocks , After strong correction its good time to accumulate
TGT - 4750 & 5000+(Positional)
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis
Divis Lab - Long OpportunityLong 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!
DIVISLAB Double Bottom BO NSE:DIVISLAB
Double Bottom BO possible on chart.
Buy after BO confirmation with SL below previous swing low (AROUND 4375).
1st Target 4650, 2nd target 4800, 3rd positional target 5000.
** EDUCATIONAL PURPOSE
Double Bottom Reversal - Keep AccumulatingDon't Miss at these levels
for targets of 5500-6000
Positional as well as Investment Pick
Bearish ABCD Pattern Completed in Divislab.Bearish ABCD Pattern Completed in Divislab..... Look for short below 'C' 4310 for a target of 4000 price level up to 'B'.
Divis Lab - Short OpportunityShort 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.
Divis Lab - SidewaysSideways
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 this level. But This stock shows both upward and downward trends so there are high chances that it will go sideways.
