Disclaimer: All the information posted is for education purpose only. Do your due deligence. Also check for liquidity of option before getting into trade, Options should be traded by experienced traders only..
Divis Daily, Hourly & 15 Min Chart
Daily Hourly & 15 min all timeframes showing RSI below 35 indicating more momentum in the downfall.
Divis ATM PE Option RS Chart
ATM PE option indicationg strength on RS chart signalling more fall in Divis Lab
Divislab 3500 CE Option Chart
The CE option chart indicates follow throughs for the selloff and can anticipate further fall in the counter with SL of 165 targets of 110-105, and can trail based on further patterns.
Disclaimer: All the information posted is for education purpose only. Do your due deligence. Do your due deligence. Also check for liquidity of option before getting into trade, Options should be traded by experienced traders only..
All details about the analysis presented in the above charts friends! Enjoy!
Dont forget to do your analysis.
You know disclaimer and all that stuff!
Please this post is for education purpose only.
Please share if you find it helpful.
Name : Raghavendra S
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