rdkriplani

Natco Pharma - New high trade

NSE:NATCOPHARM   NATCO PHARMA LTD
A stock that has both its believers and its doubters..

The stock is attempting to break into a new ATH territory..at the point the stock could catch momentum and head upwards considering its solid cash flows.

Adding the stock above 1190 where it breaks into a new ATH might be a good buy..the stock could keep moving upwards.

SL for the trade would be below 1110.

Disc: I have an active trade in this co.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.