Big decision point for Divis labI would like to watch which side it breaks out, from there I would like to take a call. I will try to stay neutral at this point.
DIVISLAB
Divis Lab Head & ShoulderDivis Lab
Head & Shoulder Breakdown on Weekly Chart
CMP 3391
downside Target 2500
3 to 6 months
DIVISLAB Buy Idea 08.01.2023As 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 #MOREPENLAB #DRREDDY #LAURUSLABS #DIVISLABS #AUROPHARMA#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 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 #TORNTPHARM #ALKEM #AUROPHARMA #BIOCON #LUPIN #CIPLA #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 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
#AUROPHARMA #CIPLA #DIVISLAB #DRREDDY #LUPIN #GLENMARK #PFIZER #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 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
#THYROCARE #CNXPHARMA #LUPIN #CIPLA #SUNPHARMA #SPARC #DIVISLAB #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 & 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
Divis Lab Trend AnalysisA 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 to add confluence.
Good to accumulate around 1800-2000 levels for the following targets:
Medium term swing target @ 4300 (132% ROI)
Long term swing target @ 6750 (264% ROI)
Long term positional target @ 8400 (354% ROI) 3-4 years holding period.
Previous rally gave more than 900% returns in 4 years & 5 months so my targets are realistic.
If you wish to buy above the said levels then better to do SIP monthly rather than investing in one go.
Do your own due diligence before taking any action.
Peace!!
Interesting days ahead for Divis, will it break bearish trend?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
DIVIS LAB stock fall started?? 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 tradingDIVISLAB sell for intraday trading if stock and PHARMA sector was also weak then we will enter in trade......
Divisilab: Watch out for weekly chart breakdownThe 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.
Will the history repeat for Divis Labs? 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 LABDIVIS LAB one day chart it test its strong strong support and pull back on weekly chart we can see clearly
DIVIS LAB - OnRADAR - Waiting for breakoutDivis 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
DIVISLAB INVESTMENT IDEA.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.
Divis Labs Trade Setup Idea for 29 August, 2022The stock has been beaten down massively.
The stock look bulish if it crosses 3590. We can go long with the
Target: 3681
SL: 3558
Divislab ~~Short term & medium term look like bearish
Divislab ~ (Divi's Laboratories Ltd)
medium term ~ Divislab make H&S pattern in 1W TF..
short term ~1 day tf also bearish
I think we 3400,3250, 3100 level can be seen in the coming days
Divis lab - SellDivis Lab channel pattern downside breakout
SELL with stoploss - 3820
Target - 3660, 3595, 3550
Big fall seen on divislab chart Divislab continue create and range and given range break down similarly that same range created which show any time that go down and sharp down
DivislabDivislab is consolidated much more time if monday break down then take entry for short, but its break out up side movement not possible it's trap that's why if it break down then only take entry
