2024-10-24 12:32:13 pm | Source: Nirmal Bang Ltd
Diwali Technical Pick 2024 : Buy Divis Laboratory Ltd For Target Rs. 5140 - Nirmal Bang Ltd
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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The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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