Short DivisLab Positional

After making double top near 1720 stock is falling last 2 trading sessions when NF/BNF is rising decisively. Looks good to short Divislabs for a target of 1650/1640/1610 with a closing stoploss of 1707.

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Disclaimer: Objective of this post is to educate and help all members earn profit from trading. I am not a SEBI registered analyst and strongly recommend people not to trade in NSE/BSE/MCX market basis above recommendations. All the stock picks are momentum picks chosen using technical indicators and for education purpose only. I am not responsible for profit and losses or SEBI audits arising out of the above calls. Stock market trading and investment is subject to market risks. Contact your financial advisor before taking trades or trade at your own risk.

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