Divi's Laboratories - Bearish Divergence, Profit booking can be seen

I see the uptrend in

looking increasingly stretched after the sharp rally from the ₹5,800–6,000 zone. While price has pushed towards ₹8,600, MACD has started giving a bearish crossover and the momentum is showing divergence — price is holding near the highs while MACD is no longer confirming the same strength. For me, ₹8,600–8,700 is the immediate resistance zone. A failure to sustain above this area can bring profit-taking towards ₹8,400, followed by ₹8,200. On the other hand, a decisive breakout above ₹8,700 would negate the immediate exhaustion signal and indicate another leg higher. Overall, I would be cautious chasing the stock at current levels until momentum improves.