Divis Lab (867):

Technically, there is a bottoming out formation. It is expected to even climb higher from these levels. The long-term (200 DEMA) and medium term (89 & 50 DEMA) moving averages have also turned upwards. While the first corrective move in the short term is already on it is providing a fresh buying opportunity. Over the medium term, we tend to think, it is headed first for 980-mark and then once that 980 – 1000 zone is decisively cleared, it could well move up to 1130 – 1150 range.

You can buy this stock at current levels and/or on declines up to 800 putting a closing price stop below 750. For those who are seeking a smaller stop below 825 on the close. However, the technical stop for a medium-term trade remains below 750.