Rajandran R Follow Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

Buy Dvis Lab : A Best Short Term Pharma Stock

May 29, 2008 25 sec read

Buy : Divis Laboratories

CMP : Rs 1397

Target : Rs 1540

Upside : 10%

Stop Loss : Rs 1365

Time Frame : 5-7 Days

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If the investors wants some different pharma pick may be Divis Labs would be the best for short term Investor Pick. Divis Lab made a low of 1369 in past two days which is almost a double bottom which act as a great support. To be more precise can make a stop loss of 1365 and can take trade at current levels for 10% gains.Trend Reversal in this counter may seen. In summary Divi’s Lab is a Low Risk High Gain Stock.

Also read : Divis Laboratories to announce financial results

Please maintain Strict Stop Loss