Lincoln Pharma Ltd is showing positive technical indicators, with its stock finding support at a trend line and the 200-day EMA, signaling stability and potential growth. These signs indicate a favorable risk to reward ratio, making it an appealing choice for investors looking for balanced potential returns and risk.
The stock broke out from 14 weeks cup and handle base and broke out with huge volume, fundamental are also looking good, trading at fair value.
Lincoln Pharmaceuticals Ltd 1) Time Frame - Weekly. 2) The Stock has been in a consolidation since (November, 2023). Now It has given a consolidation breakout & Closed at it's All Time High with good bullish momentum in Weekly Time Frame. 3) The stock will find it's next resistance around the price 845 (14%) from the price 737.45. 4) Recommendation - Strong Buy
📊 DETAILS Sector: Pharmaceuticals & Drugs Mkt Cap: 1,395 cr Lincoln Pharmaceuticals Limited (LPL) is engaged in the business of manufacturing, marketing and distribution of pharmaceutical products. TTM PE : 16.00 (High PE) Sector PE : 55.22 Beta : 0.45 📚 INSIGHTS Mid-range performer Stock with medium financial performance with average price...
it is in basing process in the last 60 days. first dip is 15% from top second dip is 10% from top. forming higher lows in the base. 40% prior rally, still showing relative strength to index. trading above short term moving average. check out results today.
The stock is retesting previous breakout. despite fall in market pharma stocks are holding strong. Supporting SMA 30 and SMA 50. No significant weakness in last two days fall.
Last month outperformed this counter in pharma space Now it's time to some consolidation and profit booking sign visible If 625 break then I m exit from this counter
NSE:LINCOLN ✅ #LINCOLN trading above Resistance of 600 ✅ Next Resistance is at 774 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
LINCOLN PHARMA Breakout from a BULLISH PENNANT. Positive Earnings Results. Lincoln Pharma. M.Cap ₹ 1,154 Cr PE 14.3 Item YOY Sep 2023 Sales ⇡ 11% 156 EBIDT ⇡ 8% 31.2 Net profit ⇡ 17% 27.6 EPS ⇡ 17% ₹ 13.80 Disclaimer: For educational purpose only. Please do your own research before taking any trades. Happy Trading!
This is lincoph share chart technical analysis for further buy and selling idea
Buy this at particular support level, as indicated by line.
LINCOLN Buy above 513.5 SL 472 Target 529/549/579/606/641 + ***Educational Purpose only***
NSE:LINCOLN ✅ #LINCOLN trading above Resistance of 496 ✅ Next Resistance is at 600 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only....
Lincoln Pharma has recently given breakout and retest the same levels. Keep on radar for low risk opportunity. Promoters are also buying from open market continuously.
Swing trade opportunity in LINCOLN. Entry - 385 Target - 450 DISCLAIMER: I am not SEBI registered and the ideas posted are only for educational purpose. Always trade with proper STOPLOSS.
LINCOLN Buy above 415.10 SL 399 Target 433 ***Educational Purpose only***
Changing trend , can go for long , following support line and trend breakout
This stock has formed a pattern called Continuation Diamond ( Bullish ), providing a target price for the long-term in the range of 420.00 to 499.00. What is continuation diamond pattern? A continuation diamond pattern is a bullish technical analysis pattern that typically occurs in the middle of an uptrend. This pattern is formed when the price of an asset...