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 trade ideas
SWING TRADE COMPLETED ON DIVIS..I shared this chart on 28-may-24 .
my view on this script is bullish ,as i mentioned about entry criteria 2:Breakout and retest 40700 level with good volume .but i got late entry.
Booked 7% on 2nd entry.
#Divislaborotries #Healthcaresector #niftypharma
Divislab on radar above 5100On weekly chart Divislab forming HH and HL 2 years of consolidation
Pharma sector is performing well on bourses
Expect Divis to perform well above 5100
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Divis Lab price ActionDivis lab at crucial levels.
After Breakout, it has formed double top and has broken below imp levels.
If breaks below 4600, 4400 is quite possible. below that 4000-3800 visible on chart.
Divis Lab! ready to reverse ??- Gap Filling Done
- Trendline tested 4 times i.e. weakening
- Two Dojis at the gap zone indicating indecision
- A good bullish sign here can mean a potential up move
- Given that the pharma sector hasn't performed in the last year, we may see some momentum in the coming period.
DISCLAIMER: We are not registered. We are not advisors. Everything here is merely for educational purposes and is a purely personal opinion. Please consult your advisor before investing.
DIVISLAB: Multiple Breakouts and Strong Momentum
Breakout on July 26 with high volume
Consolidation phase followed by another breakout
Increased volume during recent breakout
RSI above 70, indicating overbought conditions
DIVI'S LAB : LONG CANDIDATEAs the H&S Breakout has been done in the stock, at present price, pilot position can be initiated. As the stock has extended a bit, better to wait for retracement for full quantity. All other details are explained on th chart. DYOR before taking any position in the stock as I am not SEBI registered analyst.
DIVIS LONGNSE:DIVISLAB Weekly chart forming rounding bottom with positive momentum macd showing short to medium term bullish setups.
DIVISLAB 1WEEKWAIT FOR THE RETEST
ENTER AT 4600
I Am Not SEBI Registered Analyst. All Post and Levels Posting is only for educational and knowledge purpose. I Am not responsible for your any kind of loss or profit.
No Claim, All Rights Reserved.‼️
SWING TUTORIAL - DIVISLABWatch how the stock was on a continuous Lower Low Patter and formed a Lower Low Trendline.
Simultaneously, there was also a formation of Convergence Divergence indicating an upward move.
Stock also broke out of the trendline with a strong green candle.
While the MACD Cross indicated a good entry after the Convergence Divergence, the breakout from the Trendline later indicated a confirmation for a move upward.
Coincidently, the stock also made a new Support zone at 3299 after a strong breakout from trendline.
Another MACD cross has also successfully happened in the last few weeks.
Do you think the stock can reach its All Time High again?
Give your comments in the Comments Section below:
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
DIVIS LAB S/RSupport and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
Round bottom forming in Divislab TGT 4500, 5200 in Short Term.Divislab is forming a round bottom can go up to 5200 in next 6 months. TGT1 is 4500, TGT2 is 5200.
Breakout in DivisLabStock Analysis
DivisLab had been stagnant since October 2021 but has recently broken out.
Today's volume indicates significant upside potential.
Trading Strategy
Short-term and Long-term Trading: Both stop loss and target levels for short-term and long-term trades are mentioned on the chart.
Short-term: Follow the specific levels for quick gains.
Long-term: Use the indicated levels to capture extended growth.
This breakout looks promising for both short and long-term trades. Trade with confidence and follow the chart levels!
DIVIS LAB S/RSupport and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
DIVIS LAB LONGDivis Lab weekly positive head shoulder exactly at our location with buyers. Macd also shows momentum may be continue to short to medium term.
My view on DivislabDivislab
Forming inverse Head&Shoulder
Looking tgt 3850-3860-3880++
in very short term👆
Keeping on radar Divislab 3900 CE may contract
devis lab--buy on dipcurrently in 1st wave of 3rd wave and is likely to achieve very high targets of 5600( previous high) and above . Stock turned negative on head and shoulder formation and achieved lower trg of 3350 and end of 2nd wave now 1st impulsive going on once correction sets in buy the stock and accumulate.
My view on DivislabDivislab
Trendline breakout possible
Above 3530
Looking target 3600-3640++
Very short term
Keeping on radar Divislab 3500 CE
Divis labDivis lab long term view
Divi's Lab appears to be coiling up! The chart suggests a consolidation phase, where the price is trading within a range. This could be a sign of potential breakout. If the stock breaks above its previous all-time high (ATH), it could trigger a price discovery cycle, where the market searches for a new equilibrium value for the stock. This could lead to significant gains. However, remember, consolidation doesn't guarantee a breakout, so keep an eye on price action
Head & Shoulder breakdown in DIVIS Labs.Divis Lab has broken down from Head & Shoulder pattern and has also retested the support trendline from which it broke down last week.
Entry, Stoploss & Targets are marked on chart.
