Lincoln Pharma: Time for medicines (Pharma Sector)Sl - 285
Pharma stocks are defensive and best to balance portfolio. As Nifty may remain in consolidation for one more week.
Chart is clear and clean.
If you have any query use comment or mssg me.
LINCOLN trade ideas
Lincoln pharmaceuticals - Short term profit opportunityLincoln pharmaceuticals
Weekly
CMP 269
Target 305
Stop 235
1) Reverse H & S observed.
2) Neckline resistance breakout observed at 203.
3) Stock cleared past major resistance at 255 and has potential to reach 300-305 levels.
4) At 300-305 levels need a review as resistance observed.
5) A decisive cross above 310 could lead to an uncharted territory.
