DIVISLAB LONG TGT 4460 SL 3700 (

5月25日

Divi's Laboratories Ltd. is an interesting chart with following

1. Reverse Head & Shoulder Pattern on weekly chart
2. Narrowing Bollinger Bands on Weekly chart and Price walking on upper Bollinger Band

3. ABCD Pattern under formation on weekly chart
4. RSI on daily and Weekly time frame above 60
5. High Trade and Delivery quantity
6. Stock outperforming both on sectoral and benchmark index on 1week and 3 month time frame
7. Both ARS and SRS above zero

can be a good buy on dips and dips only with SL below 3700 levels and for immediate resistance near 4460 levels

Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.

8月3日

交易結束：目標達成

targets achieved stock made a high of 5010 and way above its targets