Pharmastocks
Sun Pharma Consolidating in a Tight RangeSun Pharma has been consolidating in a tight range , on the daily chart. It may give a possible breakout of this range in the short term. Even on a shorter timeframe - hourly chart , stock has retested the resistance/the supply zone multiple times . The supply zone from 677- 680 has been tested by the stock multiple times. Any resistance/support zone when tested by a price , multiple times, it becomes weak and the stock breaks out of the same zone in most of such scenarios.
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Cadila Healthcare Getting Ready for Cup and Handle Pattern*This is not a recommendation, this is just an idea.
Stock Name - Cadila Healthcare
Sector - Pharma
Fundamentals - Very Strong
Technical Analysis - Very Bullish Stock
Pattern Formed - Cup and Handle Pattern
Target - 730 ( If it crosses levels of 680)
Stop Loss - 660, 650
** Rock The Stock **
LUPIN ON LOOP ➰➰Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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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.
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CIPLA: The Bullish Trend.NSE:CIPLA has shown the bullish trend, with key target levels mentioned in the chart above.
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
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.
LUPIN : CUP AND HANDLE pattern BreakoutAfter a long consolidation, stock has successfully broken the resistance with big volume. One should look for buying opportunity near the neckline which should act as a support and look for the upside targets.
Investment strategy:
Buy cmp , add on dips near the neckline , maintain the SL of 1050 and look for the target of 1340 (measured tgt for cup & handle) and 1470 (equality ratio for wave (i) & wave (iii).
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💚
Cipla Earnings special analysis | #LetsMakeMoneyTogetherMy fav symmetrical triangle breakout ... upper trendline been tested many times and is clean meaning no gap ups above the line and coming down back into the zone of triangle .... a closing above the line on 15m or u can watch for a good risk at 5 min too depends on your RR ratio and RM system. Take the trade as per
Happy trading :)
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
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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.