Breakout of Glenmark PharmaBuy Glenmark Pharma above 410 with Terget 470 in near term with Stop Loss-400
Pharmaceutical
Biocon Long IdeaBiocon is at trend line support. it may bounce from here up to 425 and next 574 upcoming months.
Nifty Pharma - In SD zone🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Kopran – Flag and Pole on Weekly ChartStock has history of moving in Flag and Pole Pattern.
Pole and Flag has been created on weekly Chart, base of pole 101.3 and high of pole is 234, difference 133.
Flag breakout area is around 195. ENTRY ABOVE: 195
So Target should be 195+133 i.e 328
Stop Loss: 168.8 (Weekly Close).
Will Update Trailing Stop loss whenever required.
Duration: 1-2 Years
People who have entered at lower level as per my previous post can wait for breakout and keep trailing.
Fundamentally 300 looks Fair Valuation since co has posted good Sales and profit figure this quarter.
Stock can fetch higher Valuation if there figure keeps on improving.
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
Please like Share, follow and Comment if you like our work.
Lincoln Pharmaceuticals ready for weekly breakout✔✔✔Lincoln Pharmaceuticals at fingertips
buy half @290-300 level
then wait for a pulback🙏
sl below 240
trgt 330-350-380
(note: targt is not based on support and resistance)
reasons for this buy
🔹chart looks good.feels that it ready for all time high.but note guys the stock may retest it's support level ,keep it in mind before taking an entry.
🔹Company is almost debt free.
🔹Company has delivered good profit growth of 28.43% CAGR over last 5 years.
🔹Promoter holding has increased by 3.85% over last quarter.
🔹also nifty pharma supporting ,it's ready for all time high(chart mentioned below)
about the company
Lincoln Pharmaceuticals Limited (LPL) is engaged in the business of manufacturing, marketing and distribution of pharmaceutical products.
support 💚 like 💚 comment💚
Breakout in THYROCAREDisclaimer :- This is not any buy or sell recommendation. This is just my view on this counter kindly consult with your financial or investment advisor before investing.
Thank you !!
Thyrocare is looks good above 1000 level.
Next resistance levels are already mentioned in the chart. Thank you !!
Glenmark Pharma – Resistance Breakout above 531Stock has also broken out of Bearish Channel of 356 Points.
Target for same – 470+356 = 826
Fundamentally Stock can be valued at 776*30 ie 23280crs vs Current Market Cap of 15909 crs
Hence at 825 Rs Stock will be Fairly Priced
Technically Stock has broken and retested important Resistance level of 531. Hence more upside can be expected.
Long term Targets – 735, 940, 1154
SL – 514.85 (Weekly Close)
Duration -3 Years
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
NIFTY PHARMA "ALERT"Nifty Pharma Made Tweezer Top On Weekly Chart On 21st Sep. Now It Is Trying To Break The High Of 14th Sep. A Single Day Close Above 12550 & All The Pharma Stocks Will Sky Rocket. We'll See New All Time High In Pharma Index.
Cipla, Drreddy, Cadila, Glenmark Are My Top Picks & In My Folio.
Biocon 238 + Breakout, 210 Good Support ZoneBiocon bounced from the support area and now ready for a new breakout above 238 + level.
