Divislabanalysis
DIVISLAB: Impulse formationStock is rising in an impulsive manner and currently started it's 5th wave which shall take the prices towards 7000/7600 zone in the coming weeks. On the downside key level is 5400. One should remain bullish as long as prices are trading above this level.
DIVISLAB 1W TIMEFRAME PROJECTIONDIVISLAB 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.
DIVISLAB GIVES BRAKEOUT AFTER A LONG CONSOLIDATIONNSE: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
DIVISLABDIVISLAB fut broke out of faling wedge or parrellel channel on an hourly charts with decent OI build up.
Risk:Reward = 1:3
Not to be missed breakout.
Could be bought with mentioned stoploss & target.
DIVISLAB--Head & Shoulders pattern??Head and shoulders pattern is identified in this stock.
price is now near to Neckline.
on bottom we have a strong support lies at 3400 levels,
if price breaks neckline we have a support lies at 3400.
keep in long side from support levels,
if neckline failed to push the price downside we have a continuation from this support levels.
DIVISLAB Weekly Timeframe Analysis for long term
NSE:DIVISLAB about to breakout 3760 level.
We can see long term move above 3760 with SL of 3420 and can average till 3587.
Major targets levels are highlighted in blue lines.
#DIVISLAB udne ko taiyaar? rounding/cup & handle pattern seenDivis lab on daily time frame has made a rounding bottom or cup n handle pattern. Also it has closed above trend line resistance of 3712. Once it manages to sustain above 3813 then it can try to touch 3974/4120/4331/4527. Once 4100 is crossed I will bring my trail sl either at cost or at 3974 to avoid any loss in this trade. Let's see if Divis listens to my analsis or not.
Thanks for reading.
Happy trading & investing.
PS : I am not SEBI registered IA so please consult your financial advisor before taking any trade mentioned by me.
Divis Lab updateDivis Lab Elliott Wave Count
this is an update to our previous post!
Based on the current market situation, it appears that Divis Laboratories is still experiencing the 3rd wave. As a result, we can anticipate a new low within the 3200 range, followed by a rebound. This view is consistent with our previous post, with only minor adjustments to the inside counts to reflect the current market trends.
Please exercise caution when trading as this information is for educational purposes only.
NSE:DIVISLAB BSE:DIVISLAB NSE:DIVISLAB1!
DIVISLAB - Elliott Wave CountDIVISLAB - Elliott Wave Count
It appears that Divislab is in wave C and to reach to or below 3400 in the coming days. Then we can see a good impulse wave towards 4000 and beyond. Please note that we have placed our stop loss at the level of 3250. This means that if the price drops below this point, we will exit the long position.
Please note that this information is for educational purposes only, and it is crucial to trade with caution.
NSE:DIVISLAB NSE:DIVISLAB1! BSE:DIVISLAB
Bullish trend in DivislabDivislab is in bulliish trend. Stock has taken support of 50 EMA on daily chart. Buy Divislab for uptrend in short term.
DIVISLAB--Near to its Resistance zone??Showing strong bullish pressure...
this may be the end of bullishness or initiation of large quantity on buy side...
keep on buy side until the resistance zone...
if breaks will get more points.
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...
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
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.
DIVISLAB Buy Idea 08.01.2023As per my analysis, NSE:DIVISLAB is continue trading above support of 3355. My idea is to take entry at 3427 with stop loss of 3300 (-127 Points Risk). My expected up side target will be 3630 (+203 Points).
Note: This is my personal analysis, only for learning. Thanks.
Divis Lab Trend AnalysisA debt free large cap company with strong fundamentals.
Technically bearish as price broke the neckline of Head & Shoulder pattern.
Bullish divergence with RSI indicating reversal can happen but RSI hasn't entered the bearish oversold range of sub 25 levels.
As per Head & Shoulder pattern, the technical target is around 1850 level which lies at golden Fib zone to add confluence.
Good to accumulate around 1800-2000 levels for the following targets:
Medium term swing target @ 4300 (132% ROI)
Long term swing target @ 6750 (264% ROI)
Long term positional target @ 8400 (354% ROI) 3-4 years holding period.
Previous rally gave more than 900% returns in 4 years & 5 months so my targets are realistic.
If you wish to buy above the said levels then better to do SIP monthly rather than investing in one go.
Do your own due diligence before taking any action.
Peace!!
Divis Laboratories potential Breakout ?The idea here is about Divis Laboratories:
Divis Laboratories Ltd is engaged in the manufacture of Active Pharma Ingredients (APIs) and intermediates. The company in a matter of short time expanded their breadth of operations to provide complete turnkey solutions to the domestic Indian pharmaceutical industry.They are actively involved in developing alternate, patent non-infringing processes for APIs, for the inventors to manage late life cycle and leading generic drug manufacturers.
My view is neutral at the moment for the below observed technical factors.
Points as per TA on a Weekly Chart:
1. Current market condition isn’t been good due to high volatility back in action any trade entries should be done very carefully and cautiously.
2. BSE 100 ( Divis lab included in) has lost 272.58 points on 11th Oct 2022. However, daily candle indicates it can still bounce back as Anti butterfly harmonic pattern observed as per below:
3. Currently under downtrend channel on a weekly chart as per below:
4. Contracting triangle formation inside downtrend channel as per below:
5. Bearish Bat harmonic pattern CD leg in progress at the time of publishing as per below:
6. Trading way above 200 EMA & below 20 EMA on a weekly chart.
7. Ichimoku Cloud analysis: Kumo Breakout strong downtrend & Kumo Twist weak trend on weekly,monthly chart is Strong for an upward momentum for Kumo breakout & kumo twist on daily both are strong downtrend at the time of publishing .
8. RSI is at 37.55 on a weekly Chart and 35.05 on daily chart at the time of publishing.
9. MACD above signal line on weekly & below on daily chart.
10. Hull Moving average and other moving averages on a daily,weekly chart is strong sell & monthly chart is a sell.
11. ADX (Average directional index ) trend strength is at 28.42 on a weekly(ADX between 25-50 is a strong trend) and 14.13 on a daily chart which indicates a absent or weak trend (ADX between 0-25 is a Absent or weak trend).
Long Entry : if the price breaks above contracting triangle & breaks downtrend.
Short Entry : If price breaks below the contracting triangle and support zone.
Projected Target: provided in the chart as per bearish bat Crab harmonic pattern.
Stop Loss: Enter only if it breaks downtrend & contracting triangle.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
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Divis Labs Trade Setup Idea for 29 August, 2022The stock has been beaten down massively.
The stock look bulish if it crosses 3590. We can go long with the
Target: 3681
SL: 3558
Big fall seen on divislab chart Divislab continue create and range and given range break down similarly that same range created which show any time that go down and sharp down
Divis lab short term & Intraday Opportunity Good evening sir's
Recently told you that I had seen a breakout in Nifty Pharma. Divis lab is a good candidate for tomorrow and for the next week/
Consider Buying the Divis lab above 3570 with 3544. target should be 3600/3640
