peace_lover

DIVI'S LABORATORY DESCENDING WEDGE BREAKOUT - BULLISH

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NSE:DIVISLAB   DIVI'S LABORATORIE

  1. DESENDING WEDGE BREAKOUT -

    Divi's laboratory has recently broken out of a Descending Wedge pattern with confirmation on weekly chart indicating strong upside pressure

  2. 50D & 200D SMA ACTING AS STRONG SUPPORT -

    Price has recently reversed from these 2 sma on weekly chart simultaneously indicating strong upward momentum

  3. REVERSAL FROM STRONG SUPPORT-RESISTANCE ZONE -

    Price has reversed from one such zone a few months back after a long consolidation indicating upside pressure

  4. ENTRY & EXIT LEVELS -

    TAKE PROFIT (TP) - 4318
    STOP LOSS - 2711

手動でトレードを終了しました:
Price is close to the level where prediction was made, momentum is now lost & overall market has turned bearish hence exit the position

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