DIVISLAB | Recovery ? after 12 days of consolidation.

Dec 1, 2022

• Major trend is bearish but we can trade reversals of this big bearish impulse with good risk and reward.

• Seems like consolidation of 12 days (shown by box on chart) can become base for price, to recover again to some extend.

• Entry:- 3425

• Upside Fib-levels can become our targets.

Targets :- 3549.55 , 3633.20 , 3710.80 , 3752.25

• Stop Loss / SL :- 3311.25

Also recovery from here is the need of the stock price to stop fall . Mentioned in my previous idea . link is attached below

Dec 22, 2022

Trade active