Divis Labs “W” Formation It seems to form a “W” formation in the daily chart. Also seen a breakout with good volumes at hourly chart.
Hold for long tgt 3775 to 4k soon.
DIVISLAB trade ideas
Breakout of Downtrend channel in DIVISLAB In yesterday's trading session, DIVISLAB gives breakout of its downtrend channel. After this breakout expected it will go till 3750+ level in the upcoming trading session.
DIVISLABDIVISLAB: Looking Good
Support Level Bounce Back to Bullish
Buy Above 3500 Add Until 3350 Stop-Loss 3300
3600-3700-3800-3900-4000++
Positional Call
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
