AM_Tradepicks

Trade divis lab only if it opens flat or gap down!

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NSE:DIVISLAB   DIVI'S LABORATORIE
Stock has moved consistently in a downward channel and it has started the upmove from swing low. Though stock is in down trend, the upmoves in this stock are always fast.

Expecting a target of 4782 tomorrow itself, which is the channel resistance.

Entry: strictly below 4575 (otherwise the RR is not favourable)
SL : below the broken trendline at 4380

Trail the SL if trendline is broken and hold positionally. Else book profits in intraday.

*educational purposes only*
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