Diwali Technical Pick 2024 : Buy Divis Laboratory Ltd For Target Rs. 5140 - Nirmal Bang Ltd
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Divis Laboratory Ltd
* The Stock has given breakout of a Rounding formation on the longer term charts.
* The stock has given three year Breakout with increase in volumes post breakout. Positive RSI Crossover is seen on the weekly charts.
* Stock is well placed above all the important moving averages.
* Therefore, investor can buy the stock at 5720 and on dips to Rs 5470 for a target of Rs 7200 with a strict stop loss placed below Rs 5140
Buy Divis Laboratory Ltd CMP 5720 Add On 5470 SL 7200 Target 5140
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