DIVISLAB 4HRBEARISH BAT
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL SELL
DIVISLAB trade ideas
[Buddha] DIVISLAB Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Divis Lab (Will the Pharma Rally continue in this stock ?)Divis is regarded as one of the best companies in the Pharma space. And it has proved its worth by rallying in line with the industry.
Current after a break through results the stock has been consolidating in a ranger a while and has ended up forming a triangle on an Hourly time frame.
The support and resistance in the triangle is also supported by 200EMA (Red Line) and 9EMA (Green Line). Any breach on either side should give a good play and stop losses can be place above/below the green and red line for trades on Downside/Upper side respectively.
However since the return of volatility trades have not been maintaining their trajectory as happened last week with Bajaj Auto and Bata India. (You can check my posted ideas). Both the stocks broke through and gave the expected move, hit my target only to reverse on the same day and close inside the triangle. These move are going to happen more often than not for a while. As the US elections approach people are going to react to things more emotionally than with thinking/knowledge.
So make sure you aren't caught on the wrong side of the trade. And always have a stop loss.
Divis Laboratories Sell for TGT 2850RSI Divergence on Daily Chart
Window / Gap from Rs.2784 to Rs.3063
Considering Stock has closed around Rs.3050 for 2 consecutive day, any fall from hereon would cause the stock the to fall to Rs.2784 levels.
Suggestion: Sell a Call at CMP 3050 / 3000 with a SL Rs.3120.
Divislab - Short on break of 3000 | Don't short earlyThanks for coming to this update.
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Looking at Divislab on the Daily time frame, we can see that it is testing out the 3000 area of support.
If 3000 breaks then, it can give a nice momentum to 2800. At 2800, it would be interesting to see which path it chooses next (whether Up or Down).
On the monthly, Divislab looks overextended and ripe for going short. We can even spot weakness as we can see wicks at the top.
Shorting Divislab below 3000 could be a good move.
Wait for 3000 to break and take a position accordingly as per your risk management.
Please note: These are my views and not trading advice. Please consult your financial adviser before making any trading decision.
“You create your own game in your mind based on your beliefs, intents, perception and rules.” ― Mark Douglas
Rocket Deal #9Rocket Deal is a series of high probability breakout ideas with time horizon of 2-3 weeks with 10-15% targets . Most of the time you will see the breakouts within 2 days. This maybe useful for swing traders.
NSE:DIVISLAB in the consolidation zone. Stock will breakout soon. Risk Reward calculation is mentioned in the chart.
Assumption : Every trade idea begin with 100 bucks , Risk Reward statistics shows how much you may earn/loose when target/stop hits. Never stick to loosing trade.
DIVISLAB trapped in patternDIVIS LAB is trapped in a pattern and it may break soon. Take an entry if it gives the break with good volumes. Keep it in the watchlist.
divis labHello!! Divis lab is a good stock I feel it is in an uptrend but at a resistance, if it sustains over the resistance for a few daily candles it can see 400 pt.s up in abt. 1-4 months. but if it will come below the resistance then a retracement can be seen to the supports below. let's see what will happen tomorrow .....#my_view #learner
R-0096 Intraday Buy DIVISLAB @2364.00-2371 SL 2316.7 TGT 2452Intraday Cash Buy DIVISLAB @2364.00-2371 SL 2316.7 TGT 2452
It has good momentum with MACD cross over and 15 min chart ha TK cross over as well.
Divislab - 2600?DIvislab broken reistance with huge volume and looking to make new high... May test 2600... RSI and MACD are bullish and also seems a triangle breakout. Tragets on chart.
DIVIS SHORT DIVISLAB looks weak to me
entered short @ 2224
sl 2255
tgt 2098 and can even go down from there too..
trading is highly risky business
above trades are no tips , they are my observation
any trade taken will be your own risk
i am not responsible for any profit or loss
If you looking to trade with such confidence get in touch .
