raavigeorgian

Natco Pharma 4 yr BO

Long
NSE:NATCOPHARM   NATCO PHARMA LTD
Natco is looking poised for an Inverted H&S Breakout.
We are seeing red candles near BO, but very little down moves (which is a fairly positive signal).
Will move strongly once Pharma sector starts moving up.
Take a test entry and watch out for a strong closing
in the 950-1000 zone, then add to your position.

SL: 865 (on closing basis)

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