DIVISLAB trade ideas
DIVIS LAB SWING TRADE LONG DEMANDZONEDIVIS LAB SWING TRADE LONG DEMAN DZONE. TO TAKE LONG FROM THE DEMAND ZONE MARKED
BREAKOUT TRADEAfter nifty being weak, pharma sector is back in momentum again. With this momentum stock has given a breakout with good volumes and RSI in bullish momentum. Stock is trading at all time highs and the momentum seems to continue for few more sessions ahead.
NOTE: Key level for stock is 2540. It should sustain above this level.
SIMILAR BREAKOUT: DR. REDDY'S LAB
Disclaimer: Take this views for educational purpose. Trade on your own risk.
Happy trading. Happy Investing!
DIVIS LAB ADVANCE VIEW CMP 2298
BUY SIDE VIEW
STRONG SUPPORT AT 2240 BUY FOR TARGETS 2365/2394/2421/2444/2488
SELL SIDE VIEW
ITS TOTALLY ADVANCE VIEW
SELL AT 2490 TO 2500 KEEPING SL AS 2555
TARGETS 2441/2421/1394/2365/2314/2270/2249/2200
Divi's lab strong uptrendHigh Risk!!
It has broke the resistance and now may face an strong uptrend
Buy only on rising above @ 2434
With stop loss of 2412
Divislab - Bullish breakout from channelNote: This is for educational purpose only.
There seems to be a bullish channel breakout in Divislab. RSI above 60 indicates bullish momentum as well.
DIVISLABBO IS ALREADY DONE NOW WAITING FOR RETEST AT 1242-50 IF HOLDS AND SIGNAL COMES WE WILL BE SURELY BULLISH IN IT FOR TGT OF 2490
i have one request from all viewer kindly update me if u want me to add anything else in charts
Long Swing Trade Idea #33 : Buy DIVISLAB Buy DIVISLAB only above 2275 with Stop-loss at 2090 for first target of 2470. Idea is for 20th July 2020 onwards and I will update it if it is triggered or in case it is no longer valid. . Expecting triangle breakout.
Divislab - Long (after sideways)Divislab can be bought above 2261 (crucial resistance). Currently it is in sideways and in down-channel (or consider a flag). Looks the day when it goes above from sideways will also cross the above trendline and crosses the resistance of 2261.
Sell DIVISLAB 1) The stock is in downtrend
2) There is an bearish engulfing pattern
3) Risk Reward is highly in favour
Support broken and tested! Prices falling!
Support broken, now is a new resistance which has also been tested! Prices keep falling
Change in polarity: When resistance becomes support1. It broke a range on the downside
2. Came back to test it
3. rejected that resistance there with a bearish engulfing pattern (support becomes resistance)
4. would continue its fall once the bearish engulfing is confirmed (the low is taken out)
DIVISLAB correction over- Positional trading upto 2400Divis has started moving up after a down swing. If it crosses 2245-2255 range it can target 2450-2475 range comfortably- Idea for educational- Consult your financial
advisor and manage risk
DIVISLAB | Trendline Support +RSI divergence convincing for longPlease zoom out and see the chart to see clear picture
1) PCR is 58% with highest Open Interest @ 2300, 2400 levels.
2) Trendline Support with RSI divergence in 30 min, 1 Hour, 2 Hour time frames
CMP : 2161
Target : 2250, 2290
SL : 2135
Divis Lab Buy above 2475 on Closing BasisDivis Lab:
Buy Above 2475 on CLOSING Basis
SL 2375 - 2390 on CLOSING Basis
Target: 2505, 2529, 2553, 2575, 2597, 2625, 2645
Sell Below 2365
SL 2425
Target: 2345, 2315, 2275, 2245, 2220
Posting for Educational purpose only
Closing Basis means stock need to trade above 2475 between 3:25 ~ 3.30 PM
Divislab - In a downtrend channelNote: This is for educational purpose only.
Divislab is in a clear downtrend in hourly chart. Short can be done post breakout of the channel. As there seems to be a build up near a lower end of the channel, I am currently bearish. However, will wait for channel breakout in case of taking any position.
