Expecting A Bullish Move In LINCOLN PHARMA

As per the 1 Hour Chart of LINCOLN PHARMA, we can witness the Formations of "Morning Star" and “Inverted Hammer” on the chart. Therefore, we are expecting a bullish momentum in LINCOLN in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 359.70, 364.05, and 370. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 350.90, on closing basis. Closing Price (as on 27.12.21) : 355


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Comment:

LINCOLN has successfully reached its predicted 1st level of Resistance already, reflecting an uprise of 1.32% approx. CMP : 355; High 359.75