1. Making Higher highs & Fundamentally strong Stock.
2. Took support from 377 Support Zone with good volume
3. Only Disadvantage is the stock closed below round figure i.e, 400
4. If the Resistance zone Between 404-414 will break we can see a very good up move(Based on market conditions)
5. Enter only if 414 level breaks with good confirmation by keeping...
Possible entry after breakout and then rest if the price retaces back with defined SL mentioned. Pharma sector is picking steam once again in the short term.
After moving in a clear uptrend, the prices consolidated in a narrow range.
Post the consolidation a breakout from the upper resistance level is evident.
With a SL of 390, one can trade this set-up for a target of 450.
Stock given cup breakout and consoldating near breakout area hence given flag breakout again.
Bullish above 405
for Targets 450/460 intially at channel top
SL below 380
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
This scrip is in an uptrend for a while and now it had broke the previous swing high. Swing traders may consider to long this scrip with the SL below the resistance.
Try to make better returns in the bull run as there will be a low probability for a false breakout
This scrip is expected to give short term returns as it had given good breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all 🙏🙏🙏
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#LINCOLN (D)): -356.5 CMP, looks good for more upsides :)
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
Stock is moving in an uptrend with higher highs and lower lows. It is breaking previous high, then retesting and continuing also. Today it made breakout and now buy at retest at 363 for a target of 390. CMP-376.
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Lincoln Pharmaceuticals Ltd. is a holding company, which engages in the manufacture and sale of pharmaceutical products. It focuses on different sectors such as cardiac, diabetic, anti-malarial, anti-biotic, anti-fungal, cephalosporin's, analgesic, and iron preparations. The company was founded in 1979 and is headquartered in Ahmedabad, India.
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