Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Buy Dvis Lab : A Best Short Term Pharma Stock

25 sec read

Buy : Divis Laboratories
CMP : Rs 1397
Target : Rs 1540
Upside : 10%
Stop Loss : Rs 1365
Time Frame : 5-7 Days


 

 
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

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

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