mnvn_09

Natco pharma trend reversal

Long
NSE:NATCOPHARM   NATCO PHARMA LTD
Natco pharma is in a consolidation mode for quite a long time.

- The williams vix-fix suggests the bottom is made and vix is easing, indicating consolidation/moving up.

- The trend indicator, slowly bullishness is emerging. So closing above 200 DMA (790 level) will be bullish. It could test 840s if 790 is broken out. Monday is result day.

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