DIVISLAB is already in the bearish trend. Now going out with breakout gap. seems like bearish trend continous.
, , DIVISLAB
, , DIVISLAB
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Breakout was based on a news related to company… Today it seems like presence of buyers… So wait for one or two days…
Dear Sir
it is breakdown not a breakout. good call but time frame is small.
@eqsis,Murugan sir, can we take short position after witnessing breakdown in one day itself?
Here the weakness tend to continue as long as it trade below the GAP.. Short position can be considered using derivative market for positional basis
Here the weakness tend to continue as long as it trade below the GAP.. Short position can be considered using derivative market for positional basis
The following link will give a better idea on monday…
http://www.bseindia.com/xml-data/corpfiling/AttachLive/577b65ad-0c8c-4c1c-9885-3034a25d03d1.pdf