DIVISLAB trade ideas
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...
DIVIS LABDivis lab looking gud for long term investment on monthly time frame. there may gud movement in the near future. Sl will be 2800 tgt will be 4600.
DIVIS LabIt has come out of good consolidation range and now good upside is possible. One may look for entry with SL of 20 WMA.
DIVIS Lab after long time looking bullish for positional Divis after long time looking good for positional setup for coming days.
Divi's: winning formula?can be a start of a mega rally towards a mega cap....invreted H&S BO, first target 3700, 2nd 3900. and in long term this may go a long way
divis lab break away gap filleddivis lab trying to catch falling knife
cmp 2819
sl 2740
target 2977
2 days candle of 8 feb and 7 feb combine e form a doji...means a blend of candle stick
doji near support indicate a reversal
rsi oversold
pharma index strong
position sizing in check
longterm wealth generation takes time
being a trader means disciplined and patient
DIVIS LAB (D)-Trendline Breakout and Retest
- Forming H & S pattern
- Good Volume buildup from past few days
- 2800-3000 Strong Support area
- Can be a long term pick, What do you think?????
BULLISH FALLING WEDGES IN DIVI'S LABORATORIE Hello trader,
You can see in 1day chart of divi's laboratories there first it makes bullish falling wedge and after that gave breakout
You can buy here for short term or swing trading and you can keep 3% stoplossand target near 50% upside movements
Bullish on DIVISI am positive on divi's lab as it broke trendline resistance which is restricting it from last May. Now it broke out trendline resistance and sustained above important moving average levels. Ofcourse there were some resistance in its path, but present conditions shows Nuetral to bullishness sentiment on this stock.
Import resistance level to look out for is 3682
Important support to look out for 3193 - 3054 range.
Divis LabsLong term Trend line BO
Above 50 and 200 Monthly SMA
Once it cross 20 SMA, it is considered as a reversal.
Resistance and supports are marked in the charts
DIVISLAB Make falling wedge chart pattern in 4 hour time fram , 50 EMA cross 100 EMA from below also take support of 50 EMA , MACD saw fair value , take breakout with high volume at resistance level and do retest at resistance so first Target will be 3897.20 and stop loss will be 3035.65 .
This is for educational purpose not a trading advice so that's my view comment down your view.
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
Divis Laboratories LtdIncorporated in 1990, Divis Laboratories Ltd manufactures and exports API's, Intermediates and Nutraceutical ingredients
GAVE A RUN UP FROM 2720 TO 3450 - RSI Exhaustion observed.
Short 3445 - 3550 levels with 3575 SL
Target - 3150
Market Cap
₹ 90,923 Cr.
Current Price
₹ 3,425
Stock P/E
37.9
Book Value
₹ 457
Dividend Yield
0.89 %
ROCE
35.1 %
ROE
28.2 %
Face Value
₹ 2.00
Promoter holding
51.9 %
EPS last year
₹ 112
EPS latest quarter
₹ 11.6
Debt
₹ 3.29 Cr.
Pledged percentage
0.00 %
Net CF
₹ -816 Cr.
Price to Cash Flow
47.6
Free Cash Flow
₹ 1,199 Cr.
Debt to equity
0.00
OPM last year
43.4 %
OPM 5Year
38.9 %
Reserves
₹ 12,082 Cr.
Price to book value
7.47
Int Coverage
5,840
PEG Ratio
1.66
D i v i s lab bullish breakout.Divis lab has given bullish break out on daily chart.
There is a Breakout of cup and handle pattern on daily chart,so we are expecting a move in upper direction.
Divis - W- rally halted at resistance. Downtrend can resumeDivis bounce has halted precisely at marked reistance
Last qtr post results saw a sharp dip. Sell with SL on Close above 3380
