Pharmaceuticals
Lupin - Impulsive-consolidation-Impulsive 🔰 MY thought process :
⭐A good swing trade is possible :)
⭐Pattern: U can call it anything u like, what's happening is a good move than a consolation in a zone, a breakout from this zone = again some impulsive directional move :)
⭐RR as per your RR management and trade only if pharma and nifty are bullish as this stock seems to be a little volatile past session :)
🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today as posted guys :)
Also keeping an eye on JSW steel too seems bullish to me :), All the analysis already posted :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
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🔰 JUBLPHARMA | Read description for all information 🔰 Hello my friends, here is the story I see behind this stock:
⭐(Covids low - near time high )-FIBO made and saw that the stock retraced exactly 50%
⭐The white line u guys see is the fibo retracements, the stock also broke its 2nd last retracement imp lvl
⭐D chart as time frame and trade is positional basis :)
⭐Ascending Triangle consolidation at such good lvls + Breakout with volume and Power candle= Possible upmove
⭐Risk: 6% Risk and 12% target from today's closing :)
🔰Am I taking this trade: No---Reason: Already in the trades of Naukri and PPL as posted last time
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year ELE student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
Kopran – Flag and Pole on Weekly ChartStock has history of moving in Flag and Pole Pattern.
Looks like Pole has been created on weekly Chart, Pole can become bigger if 168.8 cross this week else Stock can go sideways.
140 can become good accumulation zone with Stop loss of 120.2
Targets: 2.618 Fibo ie 204 and 3.618 Fibo 243
Duration : 1-2 Years
Fundamentally 230 looks Fair Valuation in fact if Sales keep on increasing in next 2 Quarter then Stock can fetch higher Valuation.
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
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💚
Buy CADILAHC - Cadila Can Give 15%The stock has broken its all time high. And there are more confirmations that cadilahc has the potential to give 15% . I have been giving buy call since a long time for this stock in my other profile.
You can also check that in the related ideas below.
See chart for more information.
Buy Above - 675
SL 645
Target -710 740 770
Duration - 1-3 Weeks
Do follow us for more trading ideas.
CLASSIC BULL CUP & HANDLE FORMATION IN WEEKLY CHART.Wock Pharma is a global pharmaceutical and biotechnology company with most of it's revenue coming from europe.
With Pharma Industry Booming Wockpharma weekly chart indicate a Classic bullish Cup & Handle Formation.
Supply Zone has been breached with good volume.
600 is in Psychological Resistance Zone.
Targets are marked in the charts as they are important fibonacci levels.
Keep an eye for these levels as weakness may occur. One can book partially and trail SL or book completely depending on your risk appetite.
P.S Education Purpose Only.
A clear breakout in Lincoln PharmaWith the surge in volume, this stock is clearly a hot pick for positional trade. The only concern is that it has back to back green candle with a higher high and higher lows which mean that there is a chance of retracement in the stock. So either you can pick the stock while it retraces or can be taken in few quantities and do averaging while it retraces.
As it is near its all-time high you can put your own target with Trailing Stoploss.
This stock can also be picked for long term investment as it is a fundamentally strong Pharma company.
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.