Trade ideas
Divis Lab ShortMake short position in DIVIS LAB 5130-5136
With SL=5160
Target 1= 5048
target 2= 4985
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
channel pattern continuation in divi's labi think divi's lab will continue with their channel pattern . because of one reason is pharma underperform long while.naturally they will be back to normal.it will push divi's run. and divi's lab have huge uptrend in one day candle from after corona crash. its may accelerate to continue..
disclaimer : its not a stock recommendation only for education purpose...
DIVISLAB POLE & FLAG PATTERNBSE:DIVISLAB
After Strong upmove stock is consolidating for some period.
which formed POLE & FLAG pattern on Daily Chart.
keep in watchlist, after BO upmove rally can be seen once again.
one can intiate Long with SL below BO candle after BO.
Postional Target of pattern is POLE HEIGHT.
**EDUCATIONAL PURPOSE
Simple Trade Setup | DIVISLAB| 20-08-2021NSE:DIVISLAB
Observations:
1) On Daily Time Frame, it just closed above 21DMA which is also a good support at 4900.
Please refer Chart below: Daily time frame.
2) On 15 min time frame, it is now in critical Zone.
Please refer Chart below: 15min time frame.
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Trade Setup for Date 20-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and target w.r.t price action working near that level tomorrow.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
DIVISLAB making head and shoulderDIVIS LAB is making a very good head and shoulder pattern which is right at the support. The resistance was broken earlier now turned into support.
So some bullishness will result in a good trade. So watch out for this one.
COMMENT down below your views on the analysis.
The best trades work almost right away.A breakout trade will work almost right away from the start, if the breakout happens with huge momentum and then you see Doji candles or hammer then there is a problem with follow-up. A bullish breakout must always be accompanied by a good follow up, else it cannot sustain. Bullish breakout needs good bullish candles, not Doji.
Note-As soon as you enter a breakout trade it has to work within 15-20 days.
If it does not move with huge momentum then exit it after 15-20days with whatever the result may be, don't wait for the stop loss to hit or for your target. The above rules apply only to Swing trade and breakout trading.
Swing Trade - Divis Lab For the week Jul 19th 2021, Divis Lab looking good at current price considering it has given a breakout both on daily and weekly chart. It is trading at life time high. All momentum indicators like RSI and DMI are showing good strength apart from short term and long term moving averages. Keep 9 EMA level as trailing SL.
I am not a SEBI registered advisor and the view is only for educative purpose. Please consult your financial advisor for actual investment decisions.






















