DIVISLAB trade ideas
Unlocking Potential: CUB Surges Beyond a 10-Month Range!Dear Traders/Investors,
I invite you to watch the detailed analysis video on City Union Bank (CUB), where I have endeavored to provide a comprehensive overview of the stock. While the video primarily features analysis in Hindi, I am sharing the key insights in English here in the description.
Over the past 10 months, CUB has maintained a trading range of 119-146. Remarkably, the stock has now breached this range, closing above it, prompting us to consider it as a breakout. Notably, prior to this breakout, the price exhibited an uptrend, adding further conviction to the breakout scenario.
Our strategy involves observing a potential retest of the resistance zones as an entry point for the trade. We plan to employ swing lows as stop-loss and identify the nearest resistance levels as our targets.
It is imperative to note that this information does not constitute financial advice, and trading decisions should be made based on individual judgment.
Stay tuned for upcoming updates, and thank you for your attention.
Sincerely,
Rahul Khandelwal
Wealth By Trade
Divis lab - Keep an eyeThe concept of the setup is clearly shown on the charts. The third time, the price is around 3540. If bounces back this time too, may go to 3690, 3800, or even more.
It is a low-risk setup because if the price sustains below 3520 for a couple of days, the setup fails. one should exit below 3520 or according to the one's risk management.
The above illustration and setup are only for learning and sharing purposes. it is not a bit of trading advice in any form.
All the best.
DIVIS LAB ANOTHER QUALITY GEMA beautiful formation in the making at the base
it has given breakout of the channel and sustained the level
now going forward
the setup looks very promising in coming days
one can simply go long with the Sl of closing below 20ema in weekly tf
always analyse. before go into the trade
this is just for learning purpose
m not a sebi register advisor
DIVISLAB | Investment Pick📊 Details
Incorporated in 1990, Divis Laboratories Ltd manufactures and exports API's, Intermediates and Nutraceutical ingredients
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
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Divislab,1D formed HammerDivi's Laboratories Limited is an Indian multinational pharmaceutical company and producer of active pharmaceutical ingredients and intermediates, headquartered in Hyderabad. The company manufactures and custom synthesizes generic APIs, intermediates.
Hammer formed in Divislab , 1d with parallel channel support
Entry : 3629
Target : 3735
SL : 3525
RR : 1
Divis Lab - downward trend reversalThe downward trend reversal with bullish candle and stock successfully retested the breakout level with STRONG volume in 2d frame .
Stop Loss below ema 200 | Target - t1,t2
Thanks
-AJ
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.