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 trade ideas
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
Divislab Chart Pattern Divislab looks very bullish based on chart pattern analysis and periodic wave analysis.
Chart Look good to LongDivis lab can be long from here with SL 2700 and target 5000
1. Chart makes the double bottom and taken support the long unfilled gap.
2. Volume is also good.
3. Fundamental also looks good.
4. Nifty Pharma is also performing well.
BULLISH CROSSOVER (P)NSE:DIVISLAB
Recently, the smaller SMA has crossed above the larger SMA.
The resistance is yet to be broken.
R:R = 1:2
DIVISLAB FORMED DOUBLE BOTTOM ON DTFThe Price trading near strong and crucial support level of 2730. Price formed Double Bottom chart pattern near the support level. If price holds this level that we can look for short term upside.
If price breaks down the support level of 2350 than more fall can be see in next coming trading sessions.
DIVISLAB - Weekly AnalysisIn the Weekly Chart of DIVISLAB ,
we can see that, it is showing recovery in W Pattern.
Lets see will it sustain or fail.
It is sustains we can see big targets .
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.
DIVIS lab near major supportDivislab is oversold and near major support... Price might accumulate further and breaks the downtrend line... Wait for the breakout or keep tight stop loss if you want to enter early
Divislab shortterm swing trade 1-3 daysDivislab showing short term strength. expecting retracement to the Daily downtrend line.
Divis Lab Head & ShoulderDivis Lab
Head & Shoulder Breakdown on Weekly Chart
CMP 3391
downside Target 2500
3 to 6 months
DIVIS LAB - AVOID H&S Pattern coupled with BAD Results and Margin Contraction....Better opportunities available avoid...
2450 2600 levels if possible can be good zone...
Intraday idea for 30/1/23Wait for d stock to close above Trend line on 15 min time frame n make entry when next candle breaks high of previous candle.
