Long Opportunity-
Divis Lan is in an uptrend and on Friday it can show bullish movement. There is Resistance Zone between 4331.10 to 4334.10, Price has given multiple attempts to break this level, but didn't sustain over there. If it crosses this level then we can go for Long for the target of Rs. 4380.70.
But kindly note that we can't ignore the double top pattern of this stock if it retests at a level of Rs. 4296.40 then we can go for short for the target of Rs. 4241.
Divis Lan is in an uptrend and on Friday it can show bullish movement. There is Resistance Zone between 4331.10 to 4334.10, Price has given multiple attempts to break this level, but didn't sustain over there. If it crosses this level then we can go for Long for the target of Rs. 4380.70.
But kindly note that we can't ignore the double top pattern of this stock if it retests at a level of Rs. 4296.40 then we can go for short for the target of Rs. 4241.