DIVIS lab monthly analysis with support and resistance.
Hello,readers.
Divis lab is a long term bull!..According to wikipedia-Divi's lab is a leading manufacturer of Active Pharmaceutical Ingredients offering high quality products to over 95 countries.
Now,Coming to the point.
Support is at 1778 (major) (1752 and1732 minor supports).Below 1710, 1650 is possible.
For Long-1810-1820 is immediate sliding uptrend resistance....so as long as DIVIS is above 1778 it’s a long .
Exit during trend line touch and wait for break out as it’s a big trend line and huge short covering possible also it means that its tough to break.
Divis lab is a long term bull!..According to wikipedia-Divi's lab is a leading manufacturer of Active Pharmaceutical Ingredients offering high quality products to over 95 countries.
Now,Coming to the point.
Support is at 1778 (major) (1752 and1732 minor supports).Below 1710, 1650 is possible.
For Long-1810-1820 is immediate sliding uptrend resistance....so as long as DIVIS is above 1778 it’s a long .
Exit during trend line touch and wait for break out as it’s a big trend line and huge short covering possible also it means that its tough to break.
target done as per our analysis
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