DIVISLAB trade ideas
Divis Lab ShortShort divis lab position ally for target 3360 & 3210
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Divislab iN Current Scenario following The Symmetrical PatternDivislab IN Current Scenario following The Symmetrical Pattern (Giving Breakout)
LONGdivis lab moving with a good volume
levels are mentioned in the chart
my target 4154 ( fib 38.2 )which is a previous swing low
In Day & Hour Time Frames BreakoutDivis Lab Up rally Breakout observed both in Day & Hour Time Frame, So short selling is Preferable, up to the previous support.
DIVISLAB buy at 3535I will buy DIVISLAB because :
It has been taking support at the trend line .
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 3535
Target : 3890
Stop loss : 3446
Expected Move of DivisLabThe stock has formed the Rounding Top and may trade in the green channel to form the handle in order to complete the pattern. Keeping it on the watch list.
I would also try to post an Expiry trade for option buyers.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trading Idea: Divis lab longTrading in a well-defined channel on a NSE:DIVISLAB NSE:DIVISLAB daily time frame. Two triggers to buy it: -
1. Candle touching the cloud
2. RSI below 40
today (15 Jan 21) one condition met - will buy one lot with candle touching cloud.
DIVIS LABSIm not an expert im just sharing my views on DIVISLABS for tomorrow
Im not responsible for any profit or loss this is not a recommendation
