add at currevt levles and keep adding till 800fundamentally beautiful stock to be in your portfolio. great levels to do sip in this stock . bulk sip at these levels 5 year horizon for 3000 levels
NATCOPHARM trade ideas
SWING OBSERVATION - NATCO PHARMA
Script opened huge gap down yesterday around major support levels 980 and down move continues - now below 0.2 fib which may lead to testing of next swing or fib bottom 800 till 720
Natco Pharma - A bleeding story with no healing sign.Natco pharma dropped 20% intraday post reporting quarterly no.s
What are the reasons? Should one pick this stock now?
Let's analyse in this video.
Natco : Weaker forecast hitting it hard technically- Q3 results were out Yesterday, and were week with significant weaker forecast !
- Technically, Natco Pharma should test it’s quarterly + monthly demand area of 800 - 740, and go in time correction thereafter with minor bounce
- On any bounce, 1200 - 1300 is going to act as very strong resistance in the stock & cap upside.
- What works for Natco is the cheap valuation vs its historical average, BUT unless forecasts improve, it may not find many takers
#stoxsense #sudhir #natcopharma
Natco, the painkiller in a savvy Investors portfolioNatco is a buy on close above 1205 as it signals that it has overcome the 0.618 fibonacci retracement level and price above the 2021 highs forming a cup pattern... however the support line from 2023 could act as a resistance. The 1st target is 1876
However, all that was technical. Fundamentally, Natco is all poised to deliver its highest profits due to the maximum exclusive selling rights of gRevlimid and the USD being where it is, we have a nice little tailwind going for us. The only issue is the thin patience of the investor community as Natco has a habit of being the last few to declare results. Q1 of FY25_26 would br declared in the fag end of May but fireworks should be starting earlier than than. I say its good to be early than late, after all who knows where the bottom is.
simple pattern based tradeAfter correcting a fair bit from its recently made all time highs my favourite pharma stock has been going in a zig zag manner while fundamentally it recently sold certain non core assets for some 150 odd crores... so whats cooking, will it announce the first of its long awaited brownfield acquisitons?
Anyhow, it has formed a symmetrical triangle and the same should cleanly breakout between 10th and 17th dec, both dates included... target is near to its ATH of 1636... Although I may hold upto 17th dec as long as the price remains within the triangle, it is prudent to keep SL of 1400 on daily closing basis...
Natco Pharma's underlying stength is apparent I believe this is a good time to take position in Natco
- parallel channel bottom has been made
- fibonacci level bouncing in between 0.618 and 5
- price closing above red cloud as per ichimoku and retraced once.. the green cloud is visible at the end..
the signal seems loud enough to me
Bullish momentum on Natco pharmaBullish momentum on Natco pharma
I have clearly mentioned the buying level and targets fir the Natco pharma in this chart
Natco pharma buy @1280 -1300
Target 1400 , 1450 & 1500
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
Classic head & shoulder now 1473 looks attractive Natco PharmaHi Investor,
Chart looks attractive stock near 52 week's high. Today pharma index supporting advise.
Stop loss and target as mentioned on chart. Correction done in Natco pharma.
Inverted Head & shoulder is formed when recent down trend gets reversal.
In Natco Pharma same condition is forming.
Have Patience to wait in the stock with strict stop loss.
I or you never know future it is just projections of future.
Trade at own risk I am not advisor better Observe stock performance to gain in future and stick to condition of Inverted Head & Shoulder pattern only.
Well wisher Happy Investing
Perfect Time for a Long Entry.Natco Pharma has clearly turned it's way now, after a fall of more than 20% from it's ATH, is has shown some good reversal confirmations, first being it has take rejection form Fibonacci 0.5 level as well as From it's Important Support Zone, Second being formation of two Bullish Chart Pattern i.e. Inverted Head & Shoulders and Falling Wedge pattern and it has given breakout of these pattern too. There are higher probabilities of it going towards a New ATH.
NATCOPHARMA Ready to BreakOut?NATCOPHARMA has been trading in a ascending triangle pattern. Multiple supports taken on the base line, last daily candle formed green candle on the base and range is very narrow. Likely to breakout sloping TL.
Lower side, Previous swing low can be the SL
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.
NPL--Breakout and retest
--8 years consolidation breakout
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do your own analysis and consult your financial adviser if needed
Day Trade set upI am looking this could give an around 3.8 % Profits in a day or two
One must know the entry is always on Bullish Brake out with pre defined stop
This is an Education content derived by Wave Theory
Thanks
Natco PharmaDate 12.09.2024
Natco Pharma
Timeframe : Weekly
Operating cash flow ratio: It measures the adequacy of a company’s cash generated from operating activities to pay off short-term financial obligations. Natco Pharma cash from the operating activity was Rs 1,196.40 Cr.
Financial Strength: Health care organizations usually have high debt loads and low equity capital in their balance sheet. So, Debt to Equity ratio is important to analyze the company’s sustainability. Natco Pharma has a Debt to Equity ratio of 0.06 , which is a strong indication for the company.
EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Natco Pharma , the EPS growth was 109.10 % which is good for the company.
Operating profit margin: It determines a company's potential earnings. It assesses how well-managed a company with respect to its basic overhead costs and other operating expenses, Natco Pharma has OPM of 45.87 % which is a good sign for profitability.
ROE: Natco Pharma have a healthy ROE of 25.38 %. ROE is an important financial parameter for hospitals & health care companies because they expand and grow rapidly. Therefore, ROE measures how efficiently a shareholder's fund is used for generating profits.
Regards,
Ankur
Natco - Long term Investing Story Natco at all time high of 1190+
Recently crossed previous lifetime highs of 1150, 1050 and 950.
PEG Ratio < 1
PE is 15.4 , less than Industry PE of 38
Low Debt , D/E is 0.06 , High ICR of 88
ROE, ROCE is 25+
Good sales and profit growth, sales 5 years is 14% and profit growth 5 years is 17%
Promoter holding is rock solid ~49%
FII have upped their stake in last 2 years
Not a recommendation. Not SEBI registered
Natco - Short term DARVAS technical trade Natco - Short term technical trade
Fundamentals
MCAP- 28000 Cr
PE - 17.22 < Industry PE of 35.55
PEG Ratio is 1
Debt to Equity is 0.06 and ICR is 99
ROE is 26%, ROCE is 30% ( 5yr ROCE is 15%)
Sales growth is 42%, 5yr Sales growth is 13%
Profit Growth is 100%, 5yr Profit growth is 17%
Promoter holding is 50%
Latest results - excellent
Technicals
CMP - 1566
Bullish - Above EMA 9, 21,63, 200 on daily charts , RSI(14) is 75
Commentary
Based on the Darvas box method, I expect Natco pharma to continue trading up.
With CMP 1571, it has breached its own all time high with good volumes. As you can see the volumes yesterday was well over the 20 day moving average volume. I expect the trend to continue. The below targets are to ride this wave and catch as much upside as possible with little downside risk.
Target : 1689
Stop Loss : 1420 (If already invested) , more conservative stop loss would be 2-3% below CMP
Disclosure 1 - Invested
Disclosure 2 - Not SEBI Registered
Disclosure 3 - This is Not investment advice. Treat it as educational
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.
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.
Natco Pharma 2x Possibility in 2 Years based on weekly BreakoutNatco Pharma 2x Possibility in 2 Years based on weekly Breakout.
Weekly Charts shows strong uptrend in Progress with Breakout from previous Highs.
LTP - 1200
SL - 1000
Targets - 2400+
Timeframe - 2-3 Years
Happy Investing.
