NatcopharmaKeep an eye on Natcopharma above 665 level. This level has been tested thrice in last 2 months and it may break this level this time. It can give an upside of 40-50 points after the breakout. Strictly wait for the levels.
NATCOPHARM trade ideas
15.0 - NATCOPHARM - Long ideaRisk 0.2% = 4000
Position size = 4000/46 = 86
Investment = 665*86 = 67826
Natco Pharma , C and H !!!Cup and handle in formation , breaking 643 , will be look out zone . can follow on twitter for latest updates and pattern being posted !
Natco PharmaI will be watching this pattern carefully. If unfolds as expected this could be a great trad.
Go long on Natco Pharma5 days EMA just crossed the 8 and 13 days EMA on the weekly chart. Target @700+
Natcopharm Long setupNatcopharm has respected its monthly demand zone and now looking good for breakout above 600
Buy = 595
T1 = 625
T2 = 660
T3 = 695
SL = 534
Natco Pharma U-Turn ViewNatco 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.
Long NATCO Pharma [Positional Buy]Premise:
Currently testing weekly demand order-block & oversold on RSI. Please note this is a contrarian trade, not unlike most of the posts in my profile. Please manage your risks well.
Place your stops at 489-493.
short on NATCO pharma- Natco pharma breaks its monthly resistance levels
- RSI showing a massive negative divergence on weekly charts
- MACD is signaling negative movement on daily charts
- Next target 500
NATCO LongYeah I know I am not that great in classical analysis, but this stocks look bullish above 600 on closing basis towards 645/85 levels.
Thank you.
