Natcopharma
NATCOPHARMA - going beyond 1200 ++NSE:NATCOPHARM
cmp 1026
breakout happened at 930 zone
now heading towards 1200 and beyond
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
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.
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Natco Pharma Long TermDisclaimer - This is not a Stock recommendation.
Investments in securities are subject to market risk. The value and return on investment may vary because of changes in interest rates, foreign exchange rates or any other reason.
It's an educational post for analyzing, learning & discussing general and generic information related to stocks, investments, and strategies.
SWING TRADE - NATCO PHARMA LTD- R:R @ 1:2Potential Opportunity as Swing Trade in NSE:NATCOPHARM
Risk : Reward - 1:2
ENTRY - 928.00
TARGET - 1006.00
STOP LOSS - 889.00
This is for Educational Purpose only, apply your prudence & consult your adviser before any investing.
HAPPY TRADING.....
#nse #swingtrade #nifty #natcopharma #nifty50 # #priceaction #consolidationzone #trendline #re-test # retracement #bullish #riskrewardratio
#NATCOPHARMA .. My view on today's 7% fallThere 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 very bullish...
If price breaks support level tomorrow then price may decline further..
See the chart
NATCOPHARMA :WONDERFUL PATTERN ON WEEKLYNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Pattern Formation on Chart of Natco Pharma! Upside PotentialNSE:NATCOPHARM
Observations well explained on the Chart.
I see a huge upside in Natco Pharma.
The simple Cup and Handle formation is in the process.
Hope to see it does what I made in the chart.
Predictions are merely for education purposes.