algomojo

Divis Lab - Potential Short Covering Rally

Long
algomojo Updated   
NSE:DIVISLAB   DIVI'S LABORATORIE
Lets try one more short covering rally in Pharma sector towards 1080 levels in a time span of 1-2 trading sessions. Possibly the last pharma stock to a short term short covering rally.
Comment:
1040 in spot
Comment:
1057 in spot
Comment:
1066 in spot
Comment:
1076 in spot
Comment:
Expecting to revisit the target 1080 by tommorow. Else time base stops takes over.
Comment:
Time-based stop done closed at 1045
Trade closed: stop reached:
Time based stop reached.

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