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NATCOPHARM

Natco Pharma for 45%+ gainsDate: 21 Nov’24 Symbol: NATCOPHARM Timeframe: Daily Natco Pharma currently seems to be in Wave IV of 3 which could end around 1240-1220 and Wave V could then head towards 1800-1900 levels (45%+ from where Wave IV would end) as seen in the chart. A more precise target can be pinned once it makes a fresh ATH. Two levels (1770 & 1900) have been marked as possible supply zone. The company recently posted good Q2 numbers. The stock is currently trading at a PE multiple of 12.6 while the industry average is around 32. This is not a prediction but a possible wave count. This is also not a recommendation to trade or invest. Please do your own analysis. HINGLISH VERSION Natco Pharma vartamaan mein 3 ke Wave IV mein hai, jo 1240-1220 ke aaspaas samaapt ho sakta hai aur Wave V phir 1800-1900 ke star (45%+ jahaan Wave IV samaapt hoga) kee taraf badh sakta hai, jaisa ki chart mein dekh sakte hain. Ek baar naya ATH banaane par adhik sateek target pin kiya ja sakta hai. Do staron (1770 aur 1900) ko sambhaavit supply zone ke roop mein mark kiya gaya hai. Company ne haal hee mein achhe Q2 ke numbers post kiye hain. Stock vartamaan mein 12.6 ke PE multiple par kaarobaar kar raha hai jabki industry ka average lagbhag 32 hai. Yah koee bhavishyavaanee nahin balki sambhaavit Wave count hai. Yah trade lene ya invest karne ki bhi salaah nahi hai. Kripya apana vishleshan svayan karen.
NSE:NATCOPHARMLong
by DhandhaPaani
Natco Pharma Limited - Breakout Setup, Move is ON...#NATCOPHARM trading above Resistance of 1514 Next Resistance is at 1957 Support is at 1164 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:NATCOPHARMLong
by MandeepSinghKohli
Natco Pharma Limited - Breakout Setup, Move is ON...#NATCOPHARM trading above Resistance of 1090 Next Resistance is at 1514 Support is at 942 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:NATCOPHARMLong
by MandeepSinghKohli
NATCO PHARMA: A Multiyear Breakout Set to Double Your Investment Investment Advice by Goodluck Capital (SEBI Registered) Buy Natco Pharma NSE:NATCOPHARM Buy Range- 1210 - 1220 Target- 1950 - 1960 Potential Return- 60-62% Approx investment period 12 - 14 months TECHNICAL ANALYSIS NSE:NATCOPHARM (1) Back in 2017, Natco Pharma encountered several rejections around the 1,050 level, leading to a subsequent decline. (2) The 500 level has emerged as a crucial support point, allowing the stock to bounce back from this threshold. (3) Although the stock made an attempt to surpass its trendline resistance in July 2021, it ultimately fell short, resulting in another correction before finding support at the 500 level once more. (4) Since March 2023, the stock has been on an upward trajectory, successfully breaking through the resistance level in July 2024. Following this significant multi-year breakout , there is a strong expectation that the stock will remain above the breakout zone, paving the way for a robust upward rally. ● ENTRY & EXIT LEVELS - Look for the best buy levels between 1,210 and 1,220, as this is also the breakout level. However, if the stock begins to consolidate at that level and subsequently breaks out, the upper boundary of this consolidation could present another lucrative entry point. - Based on the chart analysis, it appears that there is a 60% upside potential for this stock, hovering around the 1,950-1,960 level. Moreover, there is a possibility that the stock may surpass this level. FUNDAMENTAL ANALYSIS NSE:NATCOPHARM ● PE RATIO - The stock's current PE stands at 16.9, slightly higher than the 1-year median PE of 14.2 but lower than the 5-year median PE of 26.3. - With an industry PE of 36.6, the stock appears undervalued. ● PB RATIO - The present PB ratio for this stock stands at 3.96, indicating a slightly high valuation but not reaching overvalued territory. ● DEBT TO EQUITY RATIO - The company's debt to equity ratio of 0.06 indicates that it is nearly debt-free. ● PROFIT & LOSS ANALYSIS - Over the last three years, this stock has experienced a remarkable compounded annual sales growth rate of 25%. - The cumulative profit increase over the past three years has been an impressive 49%, indicating a strong upward trend. - The profit margin has seen a significant boost, rising to 44% from 35% YoY. - The EPS growth for FY24 is remarkable, soaring to 77.5 compared to just 39 in FY23. ● CASH FLOW ANALYSIS - There is a substantial increase in operating cash flow, jumping by almost 43% to 1,212 crore from 849 crore in FY23. ● SHAREHOLDING PATTERN - The promoters have consistently held their stakes at 49.71% over the past three quarters. - Over the last four quarters, FIIs have been steadily increasing their investments, in contrast to DIIs who have been offloading their stakes.
NSE:NATCOPHARMLong
by GoodluckCapital
5
Natco Pharma Ltd: - A Prescription for Profits!Natco Pharma Ltd: From Cup to Breakout - A Prescription for Profits! Technical Analysis: Cup and Handle Formation: Natco just completed a textbook cup and handle pattern. It's like the stock was preparing a perfect cup of bullish tea, complete with a handle for easy holding! Breakout: Hold onto your stethoscopes! Natco has broken out above resistance with more energy than a kid on a sugar rush. Trend: The uptrend is so strong, it could probably cure the common cold (disclaimer: it can't, but wouldn't that be nice?). Volume: Rising volume confirms the breakout. Traders are piling in faster than hypochondriacs at a pharmacy during flu season. Support: Previous resistance at 959.80 now likely to act as support. It's like the floor and ceiling just played musical chairs! Fundamental Factors: Pharmaceutical sector seeing increased interest. Natco's producing more buzz than a beehive near a coffee plantation. Potential new drug approvals or pipeline developments could be fueling this healthy rally. Risks: After such a strong move, a pullback is possible. Even the best medicines have their side effects! Keep an eye on broader market sentiment and sector-specific news. Trade Idea: Consider long positions with a stop loss below the breakout level. Target the psychological 1,500 level - let's see if Natco can join the 1.5K club! Remember, traders, timing in the market is like timing your antibiotic doses - crucial for the best results! Key Levels to Watch: New support (old resistance): 959.80 Next psychological resistance: 1,500.00 Stop loss consideration: Below 1,150.00 Disclaimer: This analysis is for educational purposes only. Always do your own research and manage your risk. Remember, the stock market, like the pharmaceutical industry, requires careful study and a strong stomach for volatility!
NSE:NATCOPHARMLong
by TRADING-NASA
NATCO PHARMA - On Radar | 7 years ATH BOPrice Analysis & Overview: 1. Double bottom on monthly. 2. Volumes on BO is not really great. 3. If the price sustains at higher levels, I will plan an entry. 4. RRR is favourable. Potenial is huge! 5. Earnings are strong. Monthly TF view: - Stay tuned for further insights, updates and trade safely! - These are my personal views. - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:NATCOPHARMLong
by SuperNova396
MACD Crossover Swing Trade📊 Script: ARE_M 📊 Sector: Auto Ancillaries 📊 Industry: Auto Ancillaries ⏱️ C.M.P 📑💰- 1401 🟢 Target 🎯🏆 - 1555 ⚠️ Stoploss ☠️🚫 - 1308 📊 Script: IRB 📊 Sector: Infrastructure Developers & Operators 📊 Industry: Construction ⏱️ C.M.P 📑💰- 76 🟢 Target 🎯🏆 - 85 ⚠️ Stoploss ☠️🚫 - 72 📊 Script: RAYMOND 📊 Sector: Textiles 📊 Industry: Textiles - Products ⏱️ C.M.P 📑💰- 2471 🟢 Target 🎯🏆 - 2653 ⚠️ Stoploss ☠️🚫 - 2395 📊 Script: JUBLPHARMA 📊 Sector: Pharmaceuticals 📊 Industry: Pharmaceuticals - Indian - Bulk Drugs ⏱️ C.M.P 📑💰- 757 🟢 Target 🎯🏆 - 817 ⚠️ Stoploss ☠️🚫 - 731 📊 Script: NATCOPHARM 📊 Sector: Pharmaceuticals 📊 Industry: Pharmaceuticals - Indian - Bulk Drugs ⏱️ C.M.P 📑💰- 1082 🟢 Target 🎯🏆 - 1161 ⚠️ Stoploss ☠️🚫 - 1040 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:ARE_MLong
by radha_23
MACD Crossover Swing Trade📊 Script: HINDUNILVR 📊 Sector: FMCG 📊 Industry: Personal Care - Multinational ⏱️ C.M.P 📑💰- 2231 🟢 Target 🎯🏆 - 2362 ⚠️ Stoploss ☠️🚫 - 2172 📊 Script: KPIL 📊 Sector: Capital Goods - Electrical Equipment 📊 Industry: Transmission Line Towers / Equipment ⏱️ C.M.P 📑💰- 1206 🟢 Target 🎯🏆 - 1272 ⚠️ Stoploss ☠️🚫 - 1176 📊 Script: CHENNPETRO 📊 Sector: Refineries 📊 Industry: Refineries ⏱️ C.M.P 📑💰- 942 🟢 Target 🎯🏆 - 999 ⚠️ Stoploss ☠️🚫 - 912 📊 Script: POWERGRID 📊 Sector: Power Generation & Distribution 📊 Industry: Power Generation And Supply ⏱️ C.M.P 📑💰- 281 🟢 Target 🎯🏆 - 298 ⚠️ Stoploss ☠️🚫 - 272 📊 Script: NATCOPHARM 📊 Sector: Pharmaceuticals 📊 Industry: Pharmaceuticals - Indian - Bulk Drugs ⏱️ C.M.P 📑💰- 999 🟢 Target 🎯🏆 - 1069 ⚠️ Stoploss ☠️🚫 - 965 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:HINDUNILVRLong
by radha_23
6
Weekly Bullish Inverted Head & Shoulder BreakoutA Bullish Breakout of Flag and Pole pattern is visible on the Weekly chart of NSE:NATCOPHARM MACD already gave Positive crossover on Daily, weekly and Monthly chart. So, expecting the momentum to continue. One can create a fresh position in the scrip as per the levels mentioned on the chart. HIT THE ROCKET BUTTON IF YOU LIKE TO BOOST THE IDEA. Risk Disclaimer: The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions.
NSE:NATCOPHARMLong
by raigvivek
Natco Pharma: Sustained Breakout or Pullback Retest?Analysis: The chart of Natco Pharma Ltd. on TradingView depicts an intriguing post-breakout scenario, presenting both potential long entry and cautious approaches for traders. Let's dissect the situation: Current Price : ₹1026.50, well above the multi-year resistance level of ₹921.10 marked by the orange line. Breakout Confirmation: The recent surge past the resistance zone, accompanied by strong volume, confirms a potential trend reversal from resistance to support. Uptrend Momentum: The sustained price increase after the breakout indicates continued buying pressure, suggesting further upside potential. However, a crucial question arises: Has the breakout momentum exhausted, or is a pullback retest imminent? Aggressive: Option 1 (Immediate Long): Enter long if the price closes and sustains above the current level (₹1026.50) with persistent buying volume. This aggressive approach assumes the uptrend will continue. Option 2 (Breakout Confirmation): Enter long only if the price retests and decisively breaks above the breakout level (₹921.10) with renewed buying volume. This option waits for confirmation before committing. Conservative: Wait for Pullback: Wait for a potential pullback towards the breakout level (₹921.10) or within the previous consolidation zone (₹850-₹920). Enter long only if the price finds support at the pullback zone and exhibits bullish reversal signs (e.g., hammer candlestick pattern). This approach prioritizes minimizing risk by waiting for confirmation. Additional Considerations: The stock market is inherently volatile, and even confirmed breakouts can experience pullbacks. Conduct thorough fundamental research to assess Natco Pharma's financial health, industry outlook, and future prospects before making investment decisions. Implement prudent risk management through stop-loss orders and appropriate position sizing. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.
NSE:NATCOPHARMLong
by TRADING-NASA
NATCO PHARMA - Bullish Consolidation Breakout with VolumesNSE: NATCOPHARM is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 12% to 18% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:NATCOPHARMLong
by BrahmaBull31
Natco Pharma- A beautiful pattern mirroring!This will remain as one of my most favourite idea if breakout goes successful. Trade logic: An inverted head and shoulder breakout is on the cards. The most exciting and unique observation from this chart is that a similar IHNS breakout happened in 2021. But the breakout failed. However, the stock again has created an inverted head and shoulder pattern with the same neckline in a much lesser time compared to previous pattern. (4 years then vs 2.5 years now) Stock has cranked up its volume getting ready for a good breakout. Confirmation above 920. I wont be surprised if this stock breaches ATH levels if the breakout is successful. A good pharma stock from investment perspective as well. Keep in watchlist. Do like, comment and follow for such more ideas!
NSE:NATCOPHARMLong
by chartistamey
1
NATCOPHARMNATCOPHARM:- Stock has given strong breakout, if stock comes back for retesting then you can plan something Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:NATCOPHARMLong
by AjayDhakad_Keep_it_simple