In Day & Hour Time Frames BreakoutDivis Lab Up rally Breakout observed both in Day & Hour Time Frame, So short selling is Preferable, up to the previous support.
DIVISLAB trade ideas
DIVISLAB buy at 3535I will buy DIVISLAB because :
It has been taking support at the trend line .
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 3535
Target : 3890
Stop loss : 3446
Expected Move of DivisLabThe stock has formed the Rounding Top and may trade in the green channel to form the handle in order to complete the pattern. Keeping it on the watch list.
I would also try to post an Expiry trade for option buyers.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trading Idea: Divis lab longTrading in a well-defined channel on a NSE:DIVISLAB NSE:DIVISLAB daily time frame. Two triggers to buy it: -
1. Candle touching the cloud
2. RSI below 40
today (15 Jan 21) one condition met - will buy one lot with candle touching cloud.
DIVIS LABSIm not an expert im just sharing my views on DIVISLABS for tomorrow
Im not responsible for any profit or loss this is not a recommendation
#DIVISLAB CASH: SHOOTING STAR FORMATION.. SELL BELOW 3849#Divislab cash
04.01.2020
looks good weak below 3849
target 3820/3780
Cmp 3862.25
It is only educational purposeIf price breaks 3757.50 and sustain then easily reach the target 3825 to 3840
Please focus on market
DivislabDivislab is making syymetri triangle,upon either side breakout/breakdown we will tale position .
SellSell at CMP or on rise around 3668-3675 sl 3742 TGT 3180.
Disc : It's not an investment advise to buy or sell
DIVISLAB - TRIANGLE PATTERN FORMATIONtriangle pattern formation spotted in the stock. look to enter post breaks of the drawn levels
Divislab - Clear and Big buying pressure. Previously one can see the buying pressure marked in the chart after that price moved up quickly, similar kind of buying pressure is on for the past 2 weeks and one can see that a breakout level retest happened this week, so price is all set to rise up considerably !!! keep an eye.
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