DIVISLAB trade ideas
DIVISLAB LONGLooking good for long once it break's out the resistance. Avoid short positions, however if you wanted to short let the candle close below the horizontal line
It is 0.23% retracement.
INTRADAY TRADE FOR TOMORROW DISCLAIMER:- I’m not SEBI registered research analyst or investment adviser. All stocks & information given is for educational purpose only. Consult with your financial advisor before taking the trade on my views given here.
INTRADAY TRADE FOR TOMORROW DISCLAIMER:- I’m not SEBI registered research analyst or investment adviser. All stocks & information given is for educational purpose only. Consult with your financial advisor before taking the trade on my views given here.
DIVIS Lab - A perfect buy.DIVISLAB
Buy Price ~ 3633/-
Stop Loss ~ 3450/-
1st target ~ 3836/-
2nd target ~ 3950/-
1st RR ~ 1.1
2nd RR ~ 1.7
DIVISLAB is one of the biggest players in the Pharma industry. It is also a part of the NIFTY 50 index. AS Pharma sector will be one of the fastest growing sectors ahead, DIVISLAB can be one of the best picks. The stock has been making Higher Highs (HH) continuously in the recent times in daily time frame. Previous high, which is at 3633/- can be a good point to add the stock. It can further be added near its SL at 3450/-. We can also add it near its EMA ~ 3581/-. The first target can be 3836/-, and the next target can be at 3950/-.
RSI is also making Higher Highs showing positive signs. Also, the stock has been making good volumes while making breakouts.
GREAT OPPORTUNITY 'DIVIS LAB'Trend reversed
Crossed previous high
Highest volume in last 5 weeks
7r trade
Dont risk more than 1% of your capital
Sl target entry mentioned in chart
DIVISLAB Gap filling completedHi.
DIVISLAB completed the gap filling and reversed move upside. will break 1st Target soon.
A month Move 25% Monthly breakout is good.
I am not SEBI registered and all Ideas posted by me are for Educational Purpose.
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in DIVISLAB
BUY TODAY SELL TOMORROW for 5%
stock of second half of the year1. post a 50 % correction there are some signs of reversals
2. inverse head and shoulder at bottom formed, not activated
3. ABC pattern of first HH-HL formed on weekly charts
4. long term rounding bottom pattern which still has 2000 points room of upmove
5. low cheat treandline breakout and entry available
#Divislab cash : Looks good above 3560.10#Divislab cash -Positional call
26.06.2023
Looks good above 3560.10
Stoploss 3520
Tgt 3630-40/3700
Cmp 3534.50
DIVIS LAB 15min DIVIS LAB Looking good for Downside..
When it break level 3582 and sustain.. it will go Downside...
SELL @ 3582
Target
1st 3569
2ND 3552
Enjoy trading traders.. Keep add this STOCK in your watch list..
Investor are welcome..
DIVISLAB - wait for clear directionDIVISLAB
Above all moving averages on Daily, Weekly, and Monthly time frames.
Clearly, we can see 3632 will be strong resistance -- and after slight consolidation once it takes off -- 3900 will be major resistance.
Add to watchlist --
Wait for a clear crossover of 3632 level before entry.
Study further before trade ...
Divislab short term target down side
cmp 3428
entrey monday first 5 min candle close below 3428
target 1 3345
second target 3160
Divis Lab | Trend reversalLooks like there are signs of trend reversal in Divis lab on a higher timeframe. It is bouncing off from the 200 day EMA and also a 75% fib retracement .
Apart from this there is a clear pattern breakout for divis lab.
Divis Labs breaking out of triangle (Daily Chart)Divis Labs breaking out of triangle (Daily Chart).. filled gap recently and formed base
DIVIS LABIt has turned positive in momentum as well as per chart pattern hence it can be kept in watchlist for long trade
DIVISLAB BULLISH READY#DIVISLAB CLOSING 3525.4 WITH A STOPLOSS 3460 THEN TARGETS ARE 3580-3650-3700-3760-3850-3900+.
BUYING REASON.
1 --> #Price creates the range and breakout.
2 --> Price is giving #breakout on a weekly and #monthly also and on a #weekly chart price retest the #trendline.
3 --> #RSI is above the 60 level.
4 --> #ADX is show the upside and +DMI is rising.
5 --> #volume is cross the trend and breakout.
Triangle pattern breakout 1. Stock price turning out with this breakout
2. Sep 2020 Gap has been filled
3. Breakout is decisive
4.1:4 RR trade set up
DivisLab Next SupportLooks like the correction in Divislab moving towards 2200 level, if I'm not wrong there are probability for this stock to test 2780 as the first target and 2200 as the second target.
We need to keep an eye on this stock in the coming days
# DIVISLAB Breakout Analysis Stock is near to BO on daily chart with good volume spurts, stock retested it's support after 1st BO, follow chart for proper entry and exit levels.
