Watch for Breakdown or Reversal | NATCOPHARMAWatch for Breakdown or Reversal from Important support & resistance zone. 5/20 EMA crossover can be used for reversal confirmation
NATCOPHARM trade ideas
Natco Pharma - Key support levelAfter breaking out of a long term pattern..the stock went into a consolidation and now is at a key support level between here and 985.
IF the stock doesn't bounce it could fall a lot more since the last couple results have not been good..
Ideally i'd love for that to happen so I could add the stock for cheap...I'd love to see 750 here atleast...
So if you own the stock watch for the breakdown in this counter below 985.
First target below 985 would be 944 (200EMA) and then much lower.
It could bounce at any of these levels so if it bounces it could be a long.. (Long term this is an EXCELLENT COMPANY)
For those who are into SIPing into stocks, this would be one of the stocks to SIP for the next 12-18 months.
Natco Pharma - if you cant make it copy it (revlimid) if you cant make it copy it (revlimid)
a very wise person once said this
this idea just follows the trend
buy levels present on the chart good luck.
#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
Natco pharma (50-60% on the upside )Natco pharma has given a strong breakout .There is a good risk to reward opportunity
SL 770
Target 1600
Head and shoulder pattern breakoutbuy when it will form green candle at support zone witch is around 1030-1050
1. Head and shoulder pattern breakout
2. Volumes are good
3. Stock is in uptrend
And you can keep target at 1500-1600
Natco Pharma ATH breakoutMulti year ATH BO.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.
Natco Pharma - Monday Trade | 24th MayStock has broken long time resistance and TL with great volumes.
Looks good above 997.50 for 1-2 % in intraday
multi year Breakout potentialNSE:NATCOPHARM
Current Market Price : 990.05
Bullish above 997.40
Target 1 : 1040,
Target 2 : 1100,
Target 3 : 1150+
Stop Loss : 950
Time Frame : Within 15 Trading sessions roughly as per Technical Analysis Principles.
Logic behind this idea:
Multiyear breakout potential, It is also long term Bullish
Disclaimer
Risk is Yours and Reward is too yours totally. This idea is being posted here by me for educational purpose only.
Thank You.
NACTOPHARM can give big move soonI will buy NACTOPHARM because :
It has been taking support at the trend line .
It has been consolidating and give big move soon.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 816/791
Target : 969
Stop loss : 763
NATCO pharma Strong Breakout - 23/05/2021We might see All time high in this stock which is at 1090. Fingers Crossed.
Good Breakout with good volume seen.
Buy at CMP
SL : 950
Target 1050/1100++
NATCOPHARMA Positional TradeNSE:NATCOPHARM Levels are Mentioned in the chart...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks..
NatcoDisclaimer : Only for educational Purpose,not a stock recommendation
Trading is an art, learn the art!!!
#stockInvestment
CUP AND HANDLE PATTERN IN NATCO PHARMABREAKOUT WITH VOLUME AND RSI
BUY ABOVE 1000
SL 950
TARGET 1250 , 1500
Breakout in Natco Pharma Ltd...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
