Published on 21/03/2017 9:53:56 AM | Source: Religare Securities Ltd

Buy DIVI'S Laboratories Ltd For Target Rs.855.00 - Religare Sec

Posted in Broking Firm Views - Short Term Report | #Pharma Sector #Divis Laboratories Ltd #Trading Report #Religare Securities Ltd


Derivative Ideas

DIVISLAB added around 4.5% of open interest as fresh long positions. Daily vwap is around 786.50 levels. On charts, it has witnessed upside breakout from two month long congestion zone with noticeable rise in volumes. We suggest buying DIVISLAB as per levels given below.

 

Strategy:

BUY DIVISLAB MAR FUTS BETWEEN 785-788, SL 768, TARGET 855.

 

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