NSE:DIVISLAB about to breakout 3760 level.
We can see long term move above 3760 with SL of 3420 and can average till 3587.
Major targets levels are highlighted in blue lines.
Good Head and shoulders breakout..tgt measured and posted..Pharma will move up..As people will look for stocks which have not moved up..and also into defensives
Pleasure to have you here. This is an analysis done for the Tickr, and potential in the Technicals.
In this Chart ,which has been slightly in uptrend and as soon as it crosses its resistance, OR is at support levels we will decide to make a position in the stock,
if you like the idea please like the post :) It will be a motivation to further such...
LONGTERM PORTFOLIO STOCK
TARGETS IN CHART
SL AS PER YOUR APETITE
FUNDAMENTALS
Market Cap
₹ 1,01,065 Cr.
Current Price
₹ 3,807
52 W High / Low
₹ 3,949 / 2,730
Stock P/E
75.8
Book Value
₹ 478
Dividend Yield
0.80 %
ROCE
19.4 %
ROE
14.9 %
Face Value
₹ 2.00
Promoter holding
51.9 %
EPS last year
₹ 68.7
EPS latest quarter
₹ 13.1
Debt
₹ 5.00...
DIVISLAB Make or break level
Current make or break level for Investors is 3752
for new entry buy above 3850.
Safe Stop loss around 3655.
Please do your due diligence before trading or investment.
Disclaimer -
I AM NOT A SEBI REGISTERED ANALYST OR ADVISOR. I DOES NOT REPRESENT OR ENDORSE THE ACCURACY OR RELIABILITY OF ANY INFORMATION, CONVERSATION, OR...
Hello All,
I am glad you have liked my post and I am sure everyone who have traded on these post would have made profits.
If you like my Idea, Don't forget to Boost and comment on my Analysis.. The recommendations are purely for educational purpose only, consult you financial advisor before trading.
Gautam Khanna
Technical Analyst by Passion :-)
Divis lab on daily time frame has made a rounding bottom or cup n handle pattern. Also it has closed above trend line resistance of 3712. Once it manages to sustain above 3813 then it can try to touch 3974/4120/4331/4527. Once 4100 is crossed I will bring my trail sl either at cost or at 3974 to avoid any loss in this trade. Let's see if Divis listens to my...
DESENDING WEDGE BREAKOUT -
Divi's laboratory has recently broken out of a Descending Wedge pattern with confirmation on weekly chart indicating strong upside pressure
50D & 200D SMA ACTING AS STRONG SUPPORT -
Price has recently reversed from these 2 sma on weekly chart simultaneously indicating strong upward momentum
REVERSAL FROM STRONG...
Divis Lab Elliott Wave Count
this is an update to our previous post!
Based on the current market situation, it appears that Divis Laboratories is still experiencing the 3rd wave. As a result, we can anticipate a new low within the 3200 range, followed by a rebound. This view is consistent with our previous post, with only minor adjustments to the inside counts...
DIVISLAB - Elliott Wave Count
It appears that Divislab is in wave C and to reach to or below 3400 in the coming days. Then we can see a good impulse wave towards 4000 and beyond. Please note that we have placed our stop loss at the level of 3250. This means that if the price drops below this point, we will exit the long position.
Please note that this...
NSE:DIVISLAB after the breakout of head and shoulder pattern. and the stop loss sould is below the right shoulder and long after the neakline is broken and candle should close below the neakline .
Divis is indicating a reversal, with the monthly candle successfully retesting the 1/1 Fann angle and closing above the 1/1 Resistance level.
A conservative entry point is above 3807, but a more aggressive trader may consider entering at the current level, especially given the strength shown by other indicators such as MACD and RSI.
The stop-loss can be set at...
