LCI Next TargetFrom latest bottom till the breakout level which conservatively I'll take at 1159, the most possible target is ~1800.
LCI trade ideas
LCI - Lucy Core Industries - BuyBuying signal generated yesterday, since the move was big, so a correction was due today, if everything is good it will possibly do small correction and then will move up in coming days. partial profit is at resistance zone, hold for more as it can go sideways after hitting resistance or may come down even.
Lucky Core Industries (LCI) - Long PositionLucky Core Industries is fundamentally one of the strongest company of PSX.
In 2024, they made the agreement with Pfizer for selling pharmaceutical raw materials. The revenue generated in 2024 from that agreement was Rs 3.2 billion. In 2025, the expected amount is roughly Rs 8-8.5 billion. You can compute the increase in overall earnings of this company in 2025.
My target is Rs 1700, and my second target is Rs 2000.
This is the company for those who are long-term investors and want to enjoy the fruit of such a wonderful company without any fear of losing money in long term
LCI BEING RESISTEDA couple of days ago LCI made a very good Bullish candle and also touched its High at 1038, but could not go straight further up continuously, reason being, that it was approaching a strong Supply zone , from where it was bound to get resisted and it has not been successful till currently. While analyzing MTF, it was observed that the Scrip was Bullish on HTF i.e. Weekly and Monthly BUT selling was expected on Daily Time Frame and below.
