vraj8597

DIVISLAB - Price Action Analysis

Long
BSE:DIVISLAB   DIVIS LABORATORIES LTD.
Currently, DIVISLAB having witness of tremendous selling pressure for last couple of week and creates bullish harmonic Shark pattern with the PRZ (Prize Reversal Zone) level 0.886 at price 4317.

BUY : buying only happens when price will touch at the Demand zone (4196-4336) and making confirmation candle.

SELL : Our target would be up to supply zone (4728-4831) and any reversal sign at that zone also creating short opportunity as well.

Those who takes buy opportunity also creating SL in between the range of 3932-3800. you can easily get 1:1 or 1:2 risk and reward.


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