Divis Labs Set to Soar: Breakout After Month-Long Consolidation.After nearly a month of consolidation, Divis Labs is showing signs of a breakout. With robust fundamentals and a positive market outlook, it’s gearing up for a substantial upward movement (6K on the cards) in the coming weeks. Keep an eye on key support levels and upcoming earnings reports for further validation. Setting up for potential 1:2 RR trade.
Disclaimer: All ideas are my personal views and not financial advise. I do not have any Telegram channel nor do I sell any courses.
DIVISLAB
DIVISLAB--Head & Shoulders pattern??Head and shoulders pattern is identified in this stock.
price is now near to Neckline.
on bottom we have a strong support lies at 3400 levels,
if price breaks neckline we have a support lies at 3400.
keep in long side from support levels,
if neckline failed to push the price downside we have a continuation from this support levels.
FOR SWING DIVILAB LTD
looking for buy opportunity for 1-2months
strong base- 3560-3535
buying range-CMP
target - 1st3920---3940--3950+🚀🚀
stop loss-3530❌❌
ABOUT
Incorporated in 1990, Divis Laboratories Ltd manufactures and exports API's, Intermediates and Nutraceutical ingredients
Company manufactures Generic Active pharmaceuticals ingredients, Custom synthesis of APIs & Intermediates along with Nutraceuticals for Global Pharmaceutical & Nutraceutical industry
Disclaimer:
I am not a SEBI Registered Analyst.
Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any
decision or trade.
Happy trading.
#JUBLPHARMA 435 TGT 590 SL 400 Buy Recommended - Rachit SethiaJUBLPHARMA 435
Target 590
SL 400
Return 43%
RR > 4.5
TF < 6 Months
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
#DIVISLAB udne ko taiyaar? rounding/cup & handle pattern seenDivis 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 analsis or not.
Thanks for reading.
Happy trading & investing.
PS : I am not SEBI registered IA so please consult your financial advisor before taking any trade mentioned by me.
Divis Lab updateDivis 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 to reflect the current market trends.
Please exercise caution when trading as this information is for educational purposes only.
NSE:DIVISLAB BSE:DIVISLAB NSE:DIVISLAB1!
DIVISLAB - Elliott Wave CountDIVISLAB - 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 information is for educational purposes only, and it is crucial to trade with caution.
NSE:DIVISLAB NSE:DIVISLAB1! BSE:DIVISLAB
DIVISLAB Analysistrendline is broken and retested price is moving up....
now price exactly at its previous supply zone....
we have to look if its break or not....
we have a strong support in the range as demand zone...
In daily time frame still not at reached the supply zone...but in weekly it reached...
we have a trendline support as well in daily time frame...please be on the buyside...
if suddenly price falls below the trendline also don't go for sell, small demand will again push it upside...
DIVISLAB--Bullish view@ 3000 ??9bservations::
The stock is trending upwards.
currently this stock is trending bearish ,In lower timeframes.
price facing resistance again from previous Resistance@ 3400 and showing bearish pressure caused the price pushing downwards.
in the middle price leaves a supply zone 3280 level causing the price to push back, keep on buyside after breaking this levels. if you miss entry @ bottom levels.
previous while breaking the resistance price creates a demand zone in the range 2950-3000. Buyside--Targets are 3400 and 3500 3600 .
if price come back to this zone Resistance, we will look for sell until 3300 levels only.
Keep track tis level for buy side, if price breaks the demand zone we have strong support lies in the range 2800-2750. Look at these levels.
NSE:DIVISLAB