Natco may bounce back from support lineNatco Pharma is clearly oversold ( RSI < 30 and continuously near lower Bollinger Band) and is near the support line. Stock could bounce up in next couple of days.
NATCOPHARM trade ideas
#breakout #natcopharmaAccumulate Near 930 & 850
Looking for Target of 1080 more good above 1080 for 1760
Will Exit If goes below 750
Wait for breakoutIf price break the short term supply area with high volume and bull bar then we go long
NSE:NATCOPHARMDISCLAIMER : . I am not a SEBI Registered analyst.
All chart analysis I publish are educational and information purposes only
Natco Pharm : triangle breakout, good buy above 995Natco pharm gave breakout from triangle pattern on 07 Dec 2012
A good buy above 995 is recommended wsl 950 for the first target of 1051
Keep trailing SL if starts coming in our direction
Nacto Pharma 1D chartPlease enter the trade once u get a proper breakout or reversal from the levels, Do not hesitate to contact me with any queries.
Kindly support my views. Thanks
Natco Pharma Has A Strong Upside for next 1 YrThe chart has broken out of its 2.5 Yrs Range with Heavy Volumes.
Fundamentally a Strong Company.
Natco Pharma - Next LegA fundamentally sound company with a super management.
The stock could be due its next leg. It had a recent breakout retest and successfuly bounced.
Long above 900% SL 3-5% below purchase price. Its not a trading buy but more for an investment kind of play.
NATCOPHARMA move above 770 , stock might make a move towards 777/784
Stop Loss : 762
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position.
