 "Divis Lab is heading towards its previous highs which is placed at near 3400")
BUY NESTLE IND | TARGET: Rs 17,000 | STOP LOSS: Rs 15,900
The stock is making a higher top and higher top formation on the daily chart. It has also provided breakout from a downward sloping trend line. Recently, it surpassed its short term 21-DMA and long term 200-DMA which is placed at Rs 16,000 levels. The momentum indicators and oscillators are in the buy mode on the daily scales which hints of further positive momentum in the counter.
BUY DIVIS LAB | TARGET: Rs 3,400 | STOP LOSS: Rs 3,150
The stock has formed a strong base at around 3000 levels which
