in this range divis is looking good if its consolidate at this level so you plan a big target on breakout of 3600 the target are coming 3700,3780 &3900 if you are planning for swing or short term trade plan according your risk appetite
Divis Lab - Long As of today, suitable for Short-term Trade / Swing Trade 1. Chances are there to take support at 'Minor Support' level at 3175.4 and reverse. 2. Chances are there to break the minor support and move downwards to the 'Major Support' at 2735.25. 3. So, it is suitable for ‘BUY ON DIPS’ for future profits Buy and accumulate: 3175.40 – ...
Divis Lab - Long 1. Chances are there to take support at 'Minor Support' level at 3175.4 and reverse. 2. Chances are there to break the minor support and move downwards to the 'Major Support' at 2735.25. 3. So, it is suitable for ‘BUY ON DIPS’ for future profits Buy and accumulate: 3175.40 – 3470.35 Target 1: 4069.20 Target 2: 4384.00 Target 3: 4828.2 Minor...
price is at support level and last session green candle with good volume shows reversing from support. MACD showing reversal signals. since price is falling from last 2 yrs and this is small support , good to exit soon with nearby resistance Entry - CMP Target - Previous resistance Stoploss - below support line
As we can see a price action which is forming in DIVISLAB is inverted head and shoulder pattern and currently it is at a strong support level so expecting it to move upside in upcoming days
The main support was broken yesterday, and it has also undergone a small retest. Wait for a moment; it should undergo another retest before entering.
Inverse head and Shoulder pattern . On absolute support. One move up and v check in.
Reason for Short - HTF weekly price grabbed liquidity - Price made a breakdown in daily chart with Fib 50% rejection
An ascending triangle is generally considered to be a continuation pattern, meaning that the pattern is significant if it occurs within an uptrend or downtrend. Once the breakout from the triangle occurs, traders tend to aggressively buy or sell the asset depending on which direction the price broke out. NSE:DIVISLAB
Please read the notes on the chart and act accordingly. Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes. Let you grow. May! I follow you.
Short term target: 4700 Long term target: 5600 Cup with handle/ reverse head and shoulder Only for educational purpose
The 18months correction seems ended in this stock, looks like this stock will test the following targets Target 1: 3614 Target 2: 4002 Target 3: 4639
Sell below and targets 3665 3635 3605 3575 3545 Buy above and targets 3673 3680 3695 3726 3756 3787 Time candle for tomorrow 2-5-24 12:35 PM (Pivotal) I am not a SEBI registered analyst. Please consult your financial advisor before making any decision. This is only for educational purposes.
DivisLab made a Proper HigherHigh and HIgherLow.,. Now its at Proper Higherlow,, look for Priceaction for Proper entry and Stoploss. There are two levels for Buying. Follow Risk Management.
this is almost bottom out and expecting a rally from current price
Divis Laboratories Ltd. Sector: Pharmaceuticals & Drug monthly chart shows accumulation at bottom and start making HH & HL pattern.... on weekly chart price in demand zone with long term TL support... daily chart shows divergence with RSI which shows accumulation @ bottom...
Divislab is forming tight consolidation. Kindly keep an eye on 3780 Level If break above it : Target 3900, 4000+ Levels possible. SL: 3672 Risk is yours and Reward is too yours Time Frame : 15 to 22 trading days max.
Divis laboratories analyasis on 18 Nov 2023 Fundamentally strong stock Good reserve with low debt & Good FII Investment best price to buy above 200 EMA stoploss - 3270 target 3802 3980 4080 4593 & 5300