DIVIS LABORATORIES LTD.
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DIVISLAB - Cup Pattern Breakout with Bullish Flag Consolidation

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📊 DIVISLAB – Cup Pattern Breakout with Bullish Flag Consolidation
🕰️ Timeframe: 1W | 🔍 Pattern: Cup Formation + Bullish Flag | 🚀 Long-Term Breakout Potential

📈 Technical Breakdown:
DIVISLAB has formed a massive Cup pattern on the weekly timeframe and is currently consolidating inside a Bullish Flag after hitting the neckline breakout. This is a classic continuation setup following a long accumulation.

Post breakout, the price tested the upper region and is now preparing for a potential next leg toward Fibonacci extension levels.

🔑 Key Support & Resistance Levels:
🔵 Resistance / Upside Targets:
₹6,485.00 (Cup breakout top)
₹8,829.30 (Fib extension 161.8%) 🟦

🔴 Support Zones:
₹5,290.20 – Local horizontal support
₹5,035.95 – Fib 61.8% retracement (strong support)
₹4,588.30 – Fib 50%
₹4,140.70 – Fib 38.2%
₹2,691.65 – Long-term base (0% Fib)

🧭 Strategic View:
🟢 Bias: Bullish
🔁 Retest Zone: ₹5,290–₹5,035 can be re-entry zones
🎯 Target Zones: ₹6,485 followed by ₹8,829 for positional long
🛑 Invalidation: Below ₹5,000 zone


⚠️ Disclaimer: This is an educational chart setup and not trading advice. Please conduct your own research and risk management.

📣 Follow @PriceAction_Pulse for more such clean breakouts and chart pattern analysis!
🔁 Drop a comment if DIVISLAB is on your radar for the next breakout rally 📈
Trade chiuso: obiettivo raggiunto
The first resistance level has been touched. If the trend is to continue, it's important to follow a trailing stop-loss strategy and patiently wait for the price to approach the second resistance level.

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