NATCO....what next?With results looming on 9th of August, early entry traders have been busy booking profits around 850 which was also a technical target of an earlier parallel channel breakout... the round base from 772-500-772 gives a target around 1040.. there is support at 800 and 772 ... Longby Rocky_ChowUpdated 1
Breakout soon stockFresh breakout will happen at 900/- Target 1:- 935/- Stop loss:' 865/-Longby HiteshLodhaUpdated 10
NATCOPHARMNegligible debt and big reserve. Engaged in manufacturing active pharmaceutical ingredients. Manufactures products for oncology segment.Longby PratapPaul1
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 #SwingTradeLongby BrahmaBull311
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!Longby chartistameyUpdated 115
Long Natco PharmaImproving Fundamentals Tailwinds for Pharma Higher highs and higher lows CMP 853.55 SL 700 Target 1200Longby MountainWolf1
NATCO PHARMANATCO PHARMA Making CUP & HANDLE Pattern Beautifully & Looking at Depth of Cup we Can See Target is Really Promising by MrRisk_Manager13
Inside candle break outNatco pharma monthly insder candle break out seen with SL 800 for 1030 to 1k possible Longby vijhaypaatil0
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. Longby share_care_earnUpdated 0
NATCO PHARMABroke the resistance, i already entered I expecting a decent return about 20%.by liquid29water5
Natco Pharma - Cup and Handle formationCup and Handle formation can be seen on monthly time frame. Stock has retraced from the resistance level. Longby AnkurAgarwal893
natco pharma cup and handle- trend line area 936.10 - multiple time rejection area - previous S1 766 and current market rate 782 is good area to considerLongby johnjen20885
For the dreamers, the magic pill of Natco may be seen in 2024When things arent going your way, bend the chart and make the technicals prove your thesis! The monthly chart of Natco shows that its been travelling more or less within a parallel channel and is yet to complete an Impulse wave which began in 2002 and is most likely in the start of wave 5 (specifically completing wave 1 and undergoing corrective wave 2 of bigger degree wave 5) The good news? whenever the correction ends, a bull run may occur in Natco and the way things are stacked for the company, addressing the usfda problems in Kothur looks to be the trigger now as it has already demonstrated ability to earn super normal profits thorugh its policy of complex generics... how much lower the price will go is anyones guess....how high it can reach...well, there was not enough display space in my laptop to fit in the extension of parallel channel and show the max limit...lol! P.S. Wave 2 correction may be more severe if an Import Alert is issued to the Kothur plant .. most retail shareholders including myself may not be able to hold on if and when this occurs so tread knowinglyLongby Rocky_ChowUpdated 4
Natco, always 2 steps forward and 1 step back Just when the profits of years of perseverance have begun rolling into the bank for Natco Pharma, the minority investors are in a spot of bother due to twin negative news of legal action in US pertaining to gRevlimid and the USFDA Form 483 with 8 observations during the Kothur plant inspection earlier in the month. The legal action is of lesser concern as the company has a marketing partner in US who most likely has to bear the legal costs, and there are well established laws regarding patents in the country. Kothur plant is only one of the 2 USFDA approved manufacturing plants for Natco and this plant is capable of manufacturing cytotoxic orals and injectibles. It is imperative for the company to get a clean chit in its follow up from the USFDA. The management of Natco has an impeccable track record and Kothur is their older USFDA approved plant which has been subject to audits from last many years. Meanwhile the share price has taken a beating after the most impressive quarterly performance in the companys history. In the long run price is a slave to earnings and with that adage one can take a position and look forward to the completion of an INHS in the making which may coincide with stellar Q2 numbers as guided by the mgmt in the Q1 concall. By the time Q4 results get declared we are looking at net profit of +1000 crores (management guidance) and this has a 50% probability of being bettered in the following year.Longby Rocky_ChowUpdated 3
NATCO PHARMA FORMING INVERSE HEAD AND SHOULDERThe stock follows a trend giving great positional returns for short term moreover it can face and certain drawback till the 841 levels in order to complete the pattern but after it nothing can stop it from breaching 992 and 1045 levelsLongby keshavmaharaj9581
Narto pharma ready for breakout in rounding bottomNarto pharma ready for breakout in rounding bottom cmp 882 on 17 sep 23by dcpandey0845
Natco pharmaboolis sector. Monthly rsi above 55. positive RS. debt free company. keep long term investing.Longby Momentuminvesting5540Updated 5
NATCO PHARMA restricted UpsideNATCO PHARMA restricted Upside 520 Low (Mar-23)to 916 (Aug-2023) = 76% high 200 EMA = 650, Currently at 10 DMA support level of 840 Already Broke last 2 daily lows Current Support at 835 and if brook then 785 / 700 levels upside only after 917 break. by ravirsc1
Natco Pharma: Trading near 2 years upper range Natco Pharma is looking good for further breakout of 2 year consolidation. Keep on radarLongby khulvenaveen1
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. Longby AjayDhakad_Keep_it_simpleUpdated 4
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in NATCOPHARM BUY TODAY SELL TOMORROW for 5%Longby Kapil-MittalUpdated 6612
Natco going up steadilyAfter almost 8 months of consolidation decent upmove in last 1 month. EMA cross over done. Cup and handle in making Wait till it breaks resistance at 770 then sky is the limit. Should reach 1000 in 3 months if not early Longby drdivyesh05Updated 1
Natco pharma breakout from flag pattern Natco pharma has broken out from a flag pattern on the daily timeframe with the next resistance at 770. Technically this is a buy signal with the stop below the day's low. Longby anshuman_05Updated 0