DIVI’S LAB Weekly Chart – Primary Wave (3) in Progress

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DIVI’S LAB is progressing within Primary Wave (3) after completing Wave (2) near ₹2,732. Intermediate Wave 5 (in red) is in play, targeting ₹7,400–₹8,000. Broader Primary Wave (3) may extend towards ₹10,250 based on 1.618 projection.



🌀 Primary Wave Count (Black Circles):
Wave (1): Topped near ₹5,607

Wave (2): Bottomed near ₹2,732

Wave (3): Now underway and aiming for extended Fibonacci targets.

📈 Primary Wave (3) Fibonacci Extension Targets:
(Fib measured from Wave (1) low to high, and projected from Wave (2) bottom)

1.0 = ₹7,383

1.618 = ₹10,258

2.0 = ₹11,482 (not marked, but can be considered later)

🔴 Intermediate Waves Inside Primary Wave (3):
1.618 is the most common target in extended wave 3s of a primary degree.
The red-labeled wave count is the internal structure of this ongoing Primary Wave (3).

Wave 5 (red) is likely targeting ₹7,478–₹8,000 zone, which would then complete Intermediate Wave (3), not the larger Primary Wave (3).

✅ Conclusion:
Wave (3) [Primary] still has room to extend much higher.

Key Target: ₹10,258 (1.618 Fib extension).

Current move is driven by Intermediate Wave 5 (red) within the larger Primary Wave (3).


🧠 Summary:
Stock: DIVI’S LAB

Chart Type: Weekly (NSE)

Structure: Impulsive rally in progress

Current Position: Inside Primary Wave (3), completing Intermediate Wave 5

Primary Target: ₹10,258 (1.618 Fib level)


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