DIVISLAB 1W TIMEFRAME PROJECTION
Current Trend is Bullish but as per Elliott wave theory it might have ABC correction which can reject from 1.618 or its extended 1-2-3-4-5 wave Structure.
NSE:DIVISLAB
DIVISLAB gives brakeout after a long consolidation period with brake out in inverted head and shoulder pattern.
Buy rate 3950-4050
SL 3720
Target 5100
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....
