Commencez
Munchkunster

#DIVISLAB.. 52 week high.. Is it time to sell now?

Short
DIVI'S LABORATORIE (NSE:DIVISLAB)  
Munchkunster Mis à jour   
NSE:DIVISLAB   DIVI'S LABORATORIE
Trend Analysis Chart Patterns
1
0
trendanalysis chartpattern
Check the chart for details..

Price likely to go down in short term

Indicators are suggesting selling and also stock is overpriced right now..

I will sell my long position If it closes below 4395 at daily levels with above average selling volumes
Commentaire:
Seems like I was wrong about the immediate move on this stock..opened with a bang today...

Hence I always wait for close below certain levels before deciding to sell .. yes i may not sell at the top..yes i sometimes lose 3-5% of profits just because I decided to wait to determine the close...but there is also less risk of early selling and losing out on that further 10% upmove..

There is always something to learn..

However RSI is in oversold region so expect consolidation at least in the short term and keep an eye as this may be just a fake BO..
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.