DIVISLAB Long above 4075.00DIVISLAB taking support of 3925.00 after breakout of Cup & Handle Chart Pattern,
can go long Above 4075.00,
Please Note : This is only for study purpose and not recommendation for actual trade, Do your own analysis.
DIVISLAB trade ideas
DIVIS LAB: H&S ContinuationFrom Mar'23 bottom of 2730 stock has rallied and made a high of 3934 in Aug'23. Post that stock has undergone into a correction which already concluded at Nov'23 bottom of 3295. From there stock has rallied again and broken it's previous swing high made in Aug'23. The recent price action suggests that stock has formed a Continuation H&S and given a breakout on 26th dec'23 and trading well above it's neckline. The measured target for this pattern is coming in the region of 4370-4400 zone.
Head and shoulder pattern breakout1. Head and shoulder pattern breakout on weekly chart.
2. Stock has been in a good uptrend till 2022 but since then the down trend continued. This head and shoulder pattern indicates a possible trend reversal in this stock.
Divis Lab inverted Head and shoulder formation#StudyCharts
Divis Lab formed inverted Head and Shoulder Pattern on Weekly time frame.
Quite a good stock to study for marked upper areas..
Positional or Longterm opportunity in Divis LabGo Long above 3568.9 for Targets of 4070, and 4389.7 with SL 3295.3
Reasons to go Long:
1. On a Weekly timeframe the stock gave Trendline breakout.
2. If we draw the Fibonacci retracement tool from the swing low (point A) to the swing high (point B) then we see stock took support from the 0.5 Fibonacci level.
3. Also a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around 0.5 Fibonacci level.
Devis lab - Big breakout after very long time downtrend. Pharma sector was performing from very long time. Now Devis has given inverted Head & Should breakout. #headandshoulder #Niftypharma #largecap
Reversal in Divis labA good reversal breakout in Divis lab.
long time resistance of 3900 is now broken
a very favorable risk reward setup for long position.
SL and targtes on chart
Inverse head and shoulder pattern breakout after long downtrendDivi's Lab shows strong momentum and power on a breakout of the resistance zone. Keep your stop loss below 3840
Divis lab 4160 next Target buying recommended near 3630 On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Divis Lab: Swing LongAttempting breakout of a important resistance.
Formed a ascending triangle pattern + inverted head & shoulder pattern.
Its having a good momentum price above 20 ema with a trending RSI.
Price needs to sustain above 4000 level mark to confirm the breakout.
A selling pressure can be seen around 4500 levels.
Note: This is just for analysis purpose, please do your own research before punching any orders.
🔍 For more technical analysis and trade setups, make sure to follow me on TradingView
Divislab AnalysisThis is a detailed analysis of Divislab.
Again, there are 2 ways to trade-
CMP- 4030
1) Short term-
Target- 4122
Stoploss- 3909
2) Long term-
Target- 4500
stoploss- 3804
Please remember to srictly follow stoploss and target amidst this overbought market.
Divis Lab- Divis got wings to flyCup and handle breakout done for the target of 5000. The beauty here is Inverted head and shoulder formed in the handle and it broke out first. Intermediate Resistances are mentioned in the chart in red colour and the final target in green.
Note: This is for educational purpose only.
DIVISLAB- RESISTANCE BODIVISLAB has given a breakout of an important resistance around 3950 in Daily time frame in 4th attempt and started trading above all EMAs. Wait for price to retest and then one can enter for a target of 4400 and 4600.
*This idea is only educational purpose, please trade at your own risk*
Amazing swing trading idea for 3 December Markets I daily make educational content videos for swing / Positional trading
DIVIS LAB TARGET 4473 STOP LOSS 4025Montlhy inverse head and shoulder neckline brekaout with day bullish. And also weekly bullish from previous week. If it sustains above 4036 in intraday, it will reach the target of 4473
DIVIS LAB-Likely INV,HEAD &SHOULDER PATTERN B/OUTDIVIS LAB:Has consolidated and is showing signs of breakout above itsneckline at 3900.It has formed IHS Pattern n weekly chart,if holds above 3900 on closing basis huge n/out towards 4000+ is likely(For educational purpose only)
DIVISLAB is ready for 15% upside momentum✅ Broke resistance and 4000 level
✅Pharma Sector is looking good
✅ resistance breakout normal price action
✅ Consolidated very long
✅ Institutions Active in this stock from lower levels
✅Formed strong base before breakout
DIVISLAB | Trendline + INHS setup - Looks good for 30-40%DIVISLAB | Trendline + INHS setup - Looks good for 30-40%
CMP : 4020 (Dip : 3800)
SL : 3500
Target : 5200
1:5+ risk reward setup
HnS PatternSince there has been multiple attempts to break this level, it is best to enter only and only if the price sustains above 3950.
Trade with strict SL = Redline for possible targets = Blueline
--- --- ---
“The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading.
I know this will sound like a cliche, but the single most important reason that people lose money in the financial markets is that they don’t cut their losses short.”
--Victor Sperandeo
DIVIS LAB ready for launch ????Get ready DIVIS labs is getting ready for another clean break.
VERY VERY Strong resistance at 3900 zones !!
strong resistance of 3 years !!
if goes above 4000 zones we can see fresh accumulation/Distribution at 5100 levels and a new lifetime high (25% returns expected) Avg buying zones near 3200 levels !
PAT/PBT has fallen almost 8% as compared to previous quarters so financials are shaky for now !
Insurance companies are increasing stake in the company in last couple of weeks !!
net profit down to 348 cr ! down 29%
52 Week high !
Public holding keeps going down now 11.7% in sep Q when compared to june Q of 12.1% !
DII up from 12.3% to 12.8% QoQ
positive signs !!!
Breakout in Divis laboratoryDivis laboratory is nearing a break out from an inverse head and shoulder pattern. Stock price closing above rupees 4000 can generate good momentum in the stock for decent returns in short to medium term.
