DIVISLAB trade ideas
718 % increase in volume on divis labs today. There is a huge spike in volume on divis labs today. it spiked up by about 700%. i will be watching this stock closely for the next week.
DIVIS LAB Inside Bar Trade Divis Lab is weak after forming a double top after a great rally .
On hourly , it has formed an inside bar on weak support level .
Can go short below the low of the bar .
Levels are mentioned in the charts .
Tradesetup for Divislabi would be holding my position till it plays within the rising wedge and close the long trade and open a short as soon as it breakout from the wedge.
Do hit a like and share your opinion in the comments section.
Divis Labs Potential Short CandidateSelf Explanatory: NSE:DIVISLAB On a daily time frame it has formed head and shoulders pattern and retest of the breakdown happened.
On weekly time frame potential trend reversal has occurred.
DIVISLAB | Flag Breakout In SightDIVISLAB is on the verge of flag breakout. Earlier we posted about HnS Pattern and also mentioned that we need to go long once it closes above neckline at 1235-40 because the support of 1215 was huge. Now it near the completion of target of previous swing at 1555. Once it crosses that, it can easily go for higher targets as shown in the chart. SL should below the flag.
DIVIS LAB Breakout TradeDIVIS LAB is testing new heights recently .
Has broken out of a triangle in hourly .
Levels are mentioned in charts .
An investment idea in DIVISLAB on NSE (INDIA)This is weekly chart of DIVISLAB on NSE with CMP @ 1477.80. It seems to be an excellent scrip for long term investment based on following observations:
1. Price was trading in a channel as shown on the chart since June 2011 unless it broke down in Dec 2016. Price once again has entered the channel after deep corrections.
2. Price has broken previous high made in Sep 2016.
3. Support zone has been indicated on the chart based on price action. Price after testing the lower end of support zone, has formed bullish kicker in the last week with substantial rise in volume.
4. MACD indicates bullish view.
Price seems to be all set to go past 1800 (upper fibre of rising channel). Hence, it looks good from investment perspective with initial stop below 1324 (below bullish candle of last week on closing basis) and ride the trend.
Happy investing...
DIVISLAB#DIVISLAB has formed #Invertedheadandshoulder pattern and now stock looking for 1600-1700 level in next 3-5 months. Stock have strong at 1250-1400 levels. CMP- 1475.
DIVISLAB TRAD BRAKE OUT SIDE TRADE DIVISLAB WHIE SIDE IS IT BRAKE OUT THAT SIDE UP SIDE TARGET 1 1320 TARGET 2 1407 DOWN SIDE BRAKE OUT SHORTING TARGET1 1205 TARGET 2 1120
intraday play for DIvisone side move either down or up is expected in divi, most probability towards resistance 1307 . please see the chart and trade accordingly
