DIVISLAB trade ideas
Multi-Year Breakout: Weekly Timeframe: Week ending 11-OctMulti-Year Breakout: Weekly Timeframe: Week ending 11-Oct
Price, Volume, RSI, Timeframe of breakout & Timeframe of analysis
Stock broke its all-time high (5425.1) it made in 18-Oct-21 and closed above in the week starting 09-Sep-24.
Volumes in the week of 09-Sep-24 were above the 9 SMA
RSI in the week of 09-Sep-24 (74.80) is above 60.
A multi-year (3) breakout on a weekly time frame
The stock has been consolidating at the breakout levels for the last 3 weeks and is finally turning green in the week of 07-Oct. On 08-Oct, when I am analyzing this script, it has closed above the highs made in the week of 09-Sep-24.
Numbers
Drawdown (marked on chart) = 2695.10/-
SuperTrend (30-Sep-24) = 4718.73 is positive
ATR (30-Sep-24) = 249.37
Low made in the last analysis time frame (30-Sep-24) = 5241.7
Entry / Exit
Entry = Close of 08-Oct ~ 5547
Target = Breakout level + Drawdown during consolidation phase = 5425.1 + 2695.10 ~ 8120
Stop Loss = 1 ATR below previous week's (30-Sep-24) low = 5241.7 - 249.37 ~ 4990
Risk:Reward = 4.62
Exit criteria = Reaches Target || Supertrend turns negative || Price goes below 18 EMA
Short Term Trading Opportunity in Divis Labs for > 10% UpsideHi,
NSE:DIVISLAB has given a Bullish Flag Breakout on daily charts with very good volume.
MACD is also on the bullish side on daily, weekly and monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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DIVISLAB 1DSWING TRADE
- EARN WITH ME DAILY 10K-20K –
DIVISLAB Looking good for Downside..
When it break level 5450 and sustain.. it will go Downside...
SELL @ 5450
Target
1st 5378
2nd 5317
FNO
DIVISLAB SEP FUT – LOT 5 (Qty-1000)
DIVISLAB SEP 1960 PE – LOT 1 (Qty-200) – PRICE (182.85)
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Divis Lab - Long Term Trade, Forming Cup shape patternDivis Lab: Buy above 4650 (Candle Close), SL 4100 (Candle Close), Target 5200-5400
Disclaimer: Study only for Educational Purpose.
Remember: My Money, My Risk, My Reward, My Responsibility.
Please Consult your SEBI registered Financial Advisor for any Financial Advice/ Decision.
DIVISLAB - Rounding Bottom BreakoutDIVISLAB has given a good breakout of rounding bottom pattern on weekly chart. The breakout candle on daily chart looks very bullish as it is supported by massive one day trading volume.
We can expect 30 to 50% return in 4 to 6 months.
In this case the target will be depth of rounding bottom pattern which means we can expect ₹8000 levels in few months.
🔊 DIVISLAB - Rounding Bottom Breakout
⌛Duration - Short Term (4 month to 6 month)
📊📈 Trade Logic - Rounding Bottom Breakout
CMP - ₹5426
Time Frame - Weekly
🎯Target 1 : ₹6300
🎯Target 2 : ₹7100
🎯Target 3 : ₹8025
🛑 Stop : ₹4375
🏆 Risk/Reward Ratio (1: 2.4)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
STRONG BREAKOUT
Divislab has given a strong breakout after forming a good base.
If the weekly candle closes strong we can plan for a good swing trade keeping a stoploss below weekly candle low.
Also the stock belongs to Healthcare sector which is performing well now.
Also in the last few weeks we can see the stock is continuously forming higher highs and higher lows.
Keep Learning,
Keep Trading.
⚠️Disclaimer: The views expressed here are merely personal opinions. Nothing mentioned here should be considered as advice or recommendation.
Please consult with your financial advisors before making any investment decisions.
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DivisLab- Bullish Swing-Will this be a new All time high? NSE:DIVISLAB
28.08.2024
Buy-5090
Target-5374
Stop Loss-4815
Risk Reward- 1:1
1.Inside bar breakout
2.Trend- Very good uptrend
3.Price has bounced from support level & broke previous resistance
4.Volume- Very good volumes found in bullish side
5. EMA- Rejection from 50 EMA and price above 21 EMA
6. Pharma sector is in rocket mode
DIVISLAB Breakout Ready LongDate : 07-09-2024
-------------------------------------
Breakout Ready (PICK RESEARCH TO OBSERVE)
DIVISLAB Looks Good @ CMP
SL 3673
Target 5379, 5652, 6199, 7293, 8661++
Hold Period : Few Weeks to Months
Reason for Pick : Breakout, Above 20, 50, 200 SMA
Please consult your financial advisor before investing
All research for educational purposes only.
Potential Breakout: Divi's Lab Above 5040, Targeting 5120Details:Asset: Divi's Laboratories Limited (DIVISLAB)Breakout Level: Above 5040Potential Target: 5120Stop Loss: Below breakout level or as per risk toleranceTimeframe: Short-termRationale: Divi's Laboratories Limited (DIVISLAB) is on the verge of a breakout above the 5040 level. If the stock sustains above this level, it could potentially move up to the 5120 target, indicating a short-term bullish momentum.Market Analysis:Technical Breakout: The breakout above 5040 suggests a possible upward move towards 5120, signaling a short-term bullish trend.Market Sentiment: Positive sentiment or underlying strength in the stock may support this short-term breakout scenario.Price Target:The immediate target for DIVISLAB is set at 5120, based on the breakout above 5040.Risk Management:Implementing a stop loss strategy below the breakout level is crucial to manage risk in case of unexpected price reversals.Timeframe:The move towards 5120 is anticipated in the short term, but actual timing may vary based on market conditions.Risk-Reward Ratio: Consider individual risk tolerance and adjust position size accordingly to maintain a favorable risk-reward ratio.As with any investment opportunity, conduct thorough analysis and consider factors such as market trends, company fundamentals, and risk management strategies before making trading decisions.
DIVISLAB 1HRINTRADAY TRADE
- EARN WITH ME DAILY 10K-20K –
DIVIS LAB Looking good for Downside..
When it break level 4910 and sustain.. it will go Downside...
SELL @ 4910
Target
1st 4849
2nd 4812
FNO
DIVISLAB AUG FUT – LOT 6 (Qty-1200)
DIVISLAB AUG 2840 PE – LOT 6 (Qty-1200) – PRICE (69.05)
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
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