Divi's Laboratories Long Term Technical Analysis :
-- Strict Stop Loss = 3150
-- Risk : Reward = 1 : 3
-- Target - 1 = 4059
-- Target - 2 = 4597
-- Target - 3 = 4988
-- Strong support at 3039.
-- Re enter the trade at 3185
-- Touching 200 EMA
Fundamental Analysis :
-- Divi's Lab has a healthy ROE.
-- Over the last 5 years, revenue has grown at a yearly rate of 17%
-- ROCE: Maintaining healthy ROCE of 31.64% (1 year), 28.31(3 years), and 26.9% over the past 5 years.
-- Healthy dividend payout
-- Debt-to-Equity: Divi''s Lab has a Debt to Equity ratio of 0.00
-- CAGR: 10 years - 19%
-- Cash Flow: Positive cash flow over the last 5 years
-- P/E ratio: 10 years PE is close to the average PE. So Stock is not overvalued
DIVISLAB trade ideas
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 bullish reversal on hour daily and weekly timeframeDivis lab moving in a tight box for last two weeks and break upside on friday. On weekly tf, it took support from 200ema followed by doji and this week closing above doji, clearly indicating an upmove in coming weeks. On daily and hourly tf, BO from box after 2week consoy. Also parent index, niftypharma, close above 50 and 200ema, which support the move will continue upside.
DIVISThe company is engaged in production of leading generic APIs, Nutraceutical ingredients and custom synthesis of APIs and intermediates for global companies.
It has a product portfolio of 122 products across various therapeutic areas.
Current Price
₹ 3,278
Stock P/E
29.1 , after 3 years it is back to Median PE of 29
Book Value
₹ 457
Promoter holding
51.9 %
Debt
₹ 3.29 Cr.
Pledged percentage
0.00 %
Debt to equity
0.00
Price to book value
7.13
PEG Ratio
1.28
Stock is below 200 / 100 / 63/21/10 EMA
BELOW 50% Retracement in Fibnocci
Can be accumulated for long-term / SIP , considering its fundamentals
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.
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