NATCO PHARMA Triangle Breakout

NSE:NATCOPHARM1D

NATCO PHARMA LTDNSE

Description

⋅ Jan 15, 2018 1:43 AM

NATCO is moving in a flat top tringle for a while. currently on the edge awaiting a breakout/reversal

Comment

⋅ Jan 27, 2018 11:46 AM

Another Setup. HIT THE PLAY BUTTON.!
After the choppy leg down its back on the edge for a possible reversal or a breakdown.

Triangle NATCOPHARM

Comments

samyr99

⋅ May 16, 2018 5:42 AM

hello sir can you please update this chart

Einstein15

⋅ May 17, 2018 9:58 AM

@samyr99, Seems like its making a flag and bouncing on and off the support/resistance lines

samyr99

⋅ May 20, 2018 8:08 AM

@Einstein15, thank you so much

spmishra

⋅ Jan 17, 2018 10:37 AM

Thanks for your reply...Yes, already seen..but those are short term views.. I am suck in fut @680.. Is there any possibility of exiting in profit this expiry

Einstein15

⋅ Jan 17, 2018 3:54 PM

@spmishra, Well, this is what i see from the chart.
A fallling wedge. If it holds theblue support level, 635/40, then it can complete the leg up in the wedge which is aroudn 685/690. If nifty continues to go up it cud pull Auro along with it. On the other hand breaking DOWN the wedge can triggers a big leg down.
Just my two cents.FOllow your own rules and wisdom.

spmishra

⋅ Jan 24, 2018 6:36 PM

@Einstein15, Thanks for the nice chart.. I have done the avging @640...lets see till what level it will pull up.

spmishra

⋅ Jan 15, 2018 5:45 PM

ANY view on Auro pharama plz..

Einstein15

⋅ Jan 16, 2018 12:04 AM

@spmishra, For AUROPHARMA checkout the charts and videos of @AbhishekHSinghCMT. You'll be up for a treat.

Einstein15

⋅ Jan 16, 2018 12:15 AM

@spmishra , typo* @AbhishekHSinghCMT