There was a price fall in NATCOPHARMA stock because of Delhi HC decision to allow FMC corporation's application today.. Upon request from Mr Ved Patel I did the technical analysis of the price and found that there was a decline but the price respected crucial levels and stayed above it..That means bears are still wary of selling this stock as the indications are...
BREAKOUT WITH VOLUME AND RSI BUY ABOVE 1000 SL 950 TARGET 1250 , 1500
Reason- DEmand zone Ema 20 support
Buy at CMP or if it retraces till 860s Stop loss 828 Target 1000
Natco has formed a cup and handle on the daily, is about to breakout
Natco pharm gave breakout from triangle pattern on 07 Dec 2012 A good buy above 995 is recommended wsl 950 for the first target of 1051 Keep trailing SL if starts coming in our direction
buy above 860 in intraday for target of 880 and 890 avoid trade before 9:17
I hope you can now see how the Natcopharm represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed...
Cup and handle in formation , breaking 643 , will be look out zone . can follow on twitter for latest updates and pattern being posted !
Keep Pharma stock on watch list.. coming out of consolidation after 5 years.
Natco Pharma has under-performed for quite a while. Aggressive Buy Above 555 and Hold with Stop 475 for 685 Conservative Buyers wait for Weekly Close above 611.5 to Start Investment.
this stock is good condition then it's peers.. Natco is facing lot,s of Resistance and support as you can see on chart.. if you have already this stock.. hold this ...with a stoploss of 690. And if you want to make a fresh position .. wait for the confirmation of ascending triangle pattern ( upside or downside we can find after confirmation ) . comment your...
NATCO is moving in a flat top tringle for a while. currently on the edge awaiting a breakout/reversal
NATCO PHARMA is moving in a symmetric triangle/wedge, price action separated distinctly by a median. Its in a consolidation afetr a long leg up. So its a flag on higher timeframe . Currently on the median again, for a breakout /reversal.