DIVISLABS 1D TF Parallel channel intact, And a closing above fib 0.618 extension signaling a rally towards 4330.
DIVISLAB trade ideas
divislab will move like a rocketDivislab is waiting to blast
4250 and more can be seen in near fututre
intraday 4250
Intraday levels - 31 May 20211. Price action
2. Perfect example of ( Resistance become Support )
3. Supply ans Demand area marked in chart .
DIVIS LAB LONG AFTER BIG CONSOLIDATIONDIVIS LAB has underperformed for so many months as it was in a long consolidation. However, it gave breakout last weak with good volume and thereafter a retest with low volume. So now I feel it's good to up from here.
BEARISH DIVERGENCE ON DIVISLAB | BEARISH PATTERNDIVISLAB ON ITS DAILY CHART HAS FORMED A RSI DIVERGENCE | STOCK CAN SHOW SOME DOWN MOVE |
Trying to take a retracementA great entry for Divis Lab @3900. As per Fundamental Pharma sector is travelling like rocket.
BTST OR SWING TRADE MIN TARGET 4200, SL BELOW 50 EMA DO YOURDO YOUR OWN ANALYSIS ANY SUGGESTION WELCOME
Divis Lab - More bull run aheadHigh volume breakout
Low volume pullback
Pullback till Fibbs Level
Currently in Flag Pattern
DIVIS LAB SHORTShort divis lab below 4028
The top has been breached and a fall is expected after the first pullback. The stock is low on volumes with a negative RSI diversion and is advancing its 200 ema. More fall will be there if it breaks the trend line.
Divis lab buying level 3900-3800 Sl below 3600 Target 4000- 41Divis lab buying level 3900-3800
Sl below 3600
Target 4000- 4100- 41200- 41400+
[Positional/swing] Divislab Long....Good structure in divislab
Uptrend with increasing volumes
now consolidating with low volumes
So buy 50% above 3855
add more if close above3900
for 6% immediate target approx. 4130
weak below 3650
Fundamentals also looking good
Market Cap--₹ 100,340 Cr.
ROCE--24.4 %
ROE--18.6 %
Promoter + institutional holdings More than 89%
Debt Free
Breakout in Divis lab after long consolidation Divis lab has given a strong breakout after months of range bound consolidation. Target 4600
