Sell Signal in Divis Lab, this move should take in the range of 2600
Divis Lab Head & Shoulder Breakdown on Weekly Chart CMP 3391 downside Target 2500 3 to 6 months
As per my analysis, NSE:DIVISLAB is continue trading above support of 3355. My idea is to take entry at 3427 with stop loss of 3300 (-127 Points Risk). My expected up side target will be 3630 (+203 Points). Note: This is my personal analysis, only for learning. Thanks.
#IPCALAB NSE: IPCALAB CMP: 864 TP: 980 SL: 840 TF: <6m RR > ~4.5 times Return > 13% THYROCARE CNXPHARMA LUPIN SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE APOLLOHOSP FORTIS AARTIDRUGS ZYDUSWELL MAXHEALTH BAJAJHCARE Factors: BULLISH WEDGE...
#DIVISLAB NSE: DIVISLAB CMP: 3498 TP: 4200 SL: 3300 TF: <6m RR > ~3.4 times Return > 20% THYROCARE CNXPHARMA LUPIN SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE APOLLOHOSP FORTIS AARTIDRUGS ZYDUSWELL MAXHEALTH BAJAJHCARE Factors: BULLISH WEDGE...
#AUROPHARMA NSE: AUROPHARMA CMP: 437 TP: 535 SL: 400 TF: <6m RR > 3.5 times Return > 22% THYROCARE CNXPHARMA LUPIN NSE:CIPLA SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest...
#THYROCARE NSE: THYROCARE CMP: 700 TP: 920 SL: 600 TF: <6m RR > 2.3 times Return > 30% THYROCARE CNXPHARMA LUPIN CIPLA SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs &...
A debt free large cap company with strong fundamentals. Technically bearish as price broke the neckline of Head & Shoulder pattern. Bullish divergence with RSI indicating reversal can happen but RSI hasn't entered the bearish oversold range of sub 25 levels. As per Head & Shoulder pattern, the technical target is around 1850 level which lies at golden Fib zone...
It's an interesting set up for Divis labs where it took support ~3220-3240 and going towards immediate resistance 3440. However, bearish trend to have an upper hand given last 9 months movement. Fingers crossed and next 4-6weeks is key for scrip. Short term positions will be with below support csnd resistance points. Down -- 3000, 2800, 2400 Up ---3440, 3500,3750,3950
Accounding my levels Divis slab going to fall a huge value in comming days.. 3804 is major demand zone it change as a supply wait for retest.. next demand for this 2512
DIVISLAB sell for intraday trading if stock and PHARMA sector was also weak then we will enter in trade......
The weekly chart shows the stock is moving in a contracting triangle. If you extend the lower end of the triangle on the left side, we can see that the extended trendline marks swing highs registered during the bull run of 2014-2015. That makes the lower end of the triangle all the more important. So, potential breakdown could bring sharp losses.
It's not uncommon for Divis to see 60% drawdowns. There have been multiple instances in the past and I don't believe this time it will be different. Cautious times!
Divis Lab we are waiting for breakout. stock have corrected significantly but not hurry to take trade. I am planning to add to long term portfolio. but will add once it breakout by horizontal line which confirms consolidation is complete. Keep it on Radar. If this help, please message me
The stock is trading in a PARLLEL channel, after a downtrend it is making DOUBBLE BOTTOM pattern. There is a good opportunity for INVESTMENT. > Multiple entries can be done. DISCLIMER:This chart is just for educational perpose.
The stock has been beaten down massively. The stock look bulish if it crosses 3590. We can go long with the Target: 3681 SL: 3558