2 Free Weekly Stocks - DivisLab

DIVISLAB had big rally from Rs 700 to almost Rs 1000 and then it corrected. That correction is now over and It is now standing exactly at the correction level and now making the right choices by moving up having a higher close as compared to the previous close. On Daily chart, this stock has created bullish Engulfing Pattern and with MACD breakout going above Zero line and Rising trend line, I strongly feel that this stock has entered into its next rally from current levels to 1200+.

I will open this trade next week by going long in the range of 1125 to 1140 for a target of 1200+ with a stop loss of 1085. 

Disclosure/Disclaimer and FAQ

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