LINCOLN trade ideas
Lincoln Pharma Good buy Signal !LINCOLN : cmp ; 341.30
Closed above the resistance zone of 338.Trading at ATH
Big bullish candle formed.
Good to grab on dips.
TGT 375/403
SL 326
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Gave Resistance BOThe stock has given a resistance BO and looks good positionally for 7-8% further upmove
LINCOLN PHARMA - Classic Cup and HandleNothing to explain here. Self Explanatory.
A continuation pattern called Cup and Handle.
keep an eye #PotentialBreakout Debt to equity : 0.00
Profit Growth 10 Years: 33%
CAGR 10 Years: 25%
Promoter holding has increased by 3.85% over last quarter.
Promoters increasing their stake is a sign of high confidence in the future of the business
new base price set at 280beautifully round cup and handle made and sustained above resistance
volume was king
now previous falloff point 340 is resistance rest all high created will be new high all time
Lincoln PharmaCurrently Tracking- Lincoln Pharma
Note - For educational purpose only.
I don't provide paid calls or stock tips.
And that's why -
- No SL
- No Target
- Just a picture depicting the story.
Use it, if it's Insightful. Ignore otherwise.
Lincoln Pharma reversing?NSE:LINCOLN retraced till 23.6% FIB level and appears to be taking support now. RSI has also bounced up from 40 and is now above 50, aka in the bullish bias zone.
Interestingly, the support zone is right at a previous high.
Risk is limited as a failure to hold the 23.6% level or the previous high can negate the view. The pharma index, NSE:CNXPHARMA , saw good support today and RSI has bounced up from 60 which might indicate that the sector is readying for the next leg of its bull run.
LINCOLN PHARMA Monthly BreakoutBUY Now and add on retracement or buy on bullish candle after retracement.Trade Responsibly.
LINCOLN PHARMALooking for reversal.
Positive Divergences have started developing on smaller timeframes.
SL : Close less than 283 DCB
LincolnPharma, H&S Failed Now Cup and Handle Formation BreakOut?
Lincoln Pharmaceuticals looks like Hidden Gem in Pharma Sector. Its available at much Cheaper Valuation and Management has good Expansion Plan in European Market.
Technically Stock is ready to breakout its monthly Resistance of 265. After which Technical Target can be around 320. Later this Target can be trailed.
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💚
LINCOLN LONGThe zone has been tested multiple times, hence weak, also the breakout has taken place on a monthly time frame one can go long on this and expect a good move.
PLS DO MANAGE RISK!
Lincoln Pharma Wedge Breakout+Bullish flag PatternLincoln Pharma Wedge Breakout+Bullish flag Pattern with breakout good volumes
Can look for short term tp 280 and medium to long term 332-337
Can average on support of 200-210 only for positional players
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Disclaimer : Only for educational and learning purposes.
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.
Lincoln Pharma - CUP & HANDLELincoln Pharma forming CUP & HANDLE on Monthly chart, able to cross its multi-year resistance. Looking Bullish.
