NATCOPHARM [ rounding bottom]
look this already share click on link . done already 1st & 2nd target . but my study say is aging long movement show in this stock ... '"Rounding Bottom " pattern made break with high volume.
no any other talking {trg+sl] on this stock its good stock. all information already share above link i share for everyone
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NATCOPHARM trade ideas
NATCOPHARMNATCOPHARM
is Strong Performer development focused pharmaceutical company , today break 52w high with High volumes + high gain recorded .
This is my favorite chart pattern like "Cup and Handle " which is almost 80% successfully my side i believe on that for reached my targets' .
below some points of study for you like this ))-
Annual Revenue rose 37.57%, in the last year to Rs 2,811 Crores. Its sector's average revenue growth for the last fiscal year was 8.79%.
Company has been maintaining a healthy dividend payout of 28.0%
Holding :-
Promoter Holding :- 50%
FII :- 14%
DII :- 11 %
Public :- 25 %
give interim dividend
Ex-Date :- 26 Feb 2024
Dividend Amount :- 1.25
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"Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts / calls, please consult your financial advisors. Thanks
NATCO PHARMA CUP AND HANDLE BREAKOUT AND RETESTThe stock has formed a beautiful cup and handle pattern on daily timeframe and has given a successful breakout from the same supported by the volumes as well moreover the stock is on its way to retest the crucial resistance zone which was 924 levels , in near term the stock can fall till 924 and reaching that levels would be a great time to buy also the stock has quite fair valuation and is available at PE of 19 also the OPM is highest ever which is 42% , the stock looks quite good for short and long term the targets for the same are 1073,1187 and 1345 in near future
Natco Pharma - Undervalued or a one product company?Company on back of Revilimid sales has been posting beyond expectation numbers now and every quarter there is a conesensus the sales would top. But the product seems to have takers in export markets. On back of it and the guidance given by management in Q4FY24 call, this stock is as cheap as it comes.
Moving away from narrative stocks , this is actually a cheap Cash flow stock in every means.
.
On charts front, The stock though lacks some volume, it is on verge of breaking out , Something to add , sit and watch.
Natco Pharma - New high tradeA stock that has both its believers and its doubters..
The stock is attempting to break into a new ATH territory..at the point the stock could catch momentum and head upwards considering its solid cash flows.
Adding the stock above 1190 where it breaks into a new ATH might be a good buy..the stock could keep moving upwards.
SL for the trade would be below 1110.
Disc: I have an active trade in this co.
Natco Pharma: Coiling Up for a Launch?
The stock has been consolidating for 2.5 months, forming higher lows along the way. This could be a sign of a big move coming up!
#NATCO #StockMarket #Breakout #TechnicalAnalysis
This is for informational purposes only and should not be considered a buy recommendation.
BREAKOUT IN NATCO PHARMA📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Start
📌TRADE ANALYSIS OF -NATCO-PHARMA-
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
Natco Pharma LTD analysis on 30 Mar 24Natco Pharma LTD analysis on 30 Mar 24
Fundamentally Analysis
Good fundamental stock
promoter holding 49%
FII holding 13.72%
less debt than the reserve
debt 247 cr
Reserve 5257 cr
stock PE is less than industry PE
Overall all time PE 20.9
Stock PE 14.1
Industry PE 32
Technical Analysis
Formation of Head & Shoulder
breakout after Aug 2021 @ 900
breakout and support done @ 900
keep stop loss 740
target 950 - 1000 - 1050 - 1150 - 1200
head and shoulder target 1330
If sustained above 1300 target 1400 - 1450 - 1500 - 1550
The Magic Pill breaks out retests & confirms 1st target for FYTrade Targets for Financial Year 2024 - 2025
1. Rs. 1,354/- being Inverse Head & Shoulder target. Breakout and retest done, trade idea is active.
2. Rs. 1,678/- being the parallel channel breakout target. Idea will be active on stock price closing above ATH.
Stop loss will be close below 928.
Disclaimer: I am fully invested in this one and cautiously optimistic of Q4 results to be declared at the end of May. As the USFDA final conclusion on Kothur plant is still being awaited and that warrants caution in the short run.
Natco pharma stock for swing / positionalHello everyone👏
Happy Holi to everyone..
Today there is a breakout stock for technical analysis.. 👇
Let's do multitimeframe analysis
** In monthly chart price is again at the level to move forward positive direction..
** On chart is a double bottom ( W pattern) momentum upside
** Rsi also coming in bullish territory... Plus price also making HH & HL
** clearly it's in uptrend.. Though recent market situation is confusion state, this stock can be generate good return. 👍✌
In weekly chart it's a cup & handle formation.. Price broke resistance of 930 after making long consolidation since August 23..
*** breakout is with good volume & again retest... With a support of 9 ma
In short time (daily / hourly) price is in consolidation since few weeks .
Levels for trade..
978 & 985 is the zone where price took resistance and down till 928..any good breakout can be give good move..
Resistance - 977 - 985 - 998 - 1008 - 1022 - 1032 - 1043 above 1051 more upside possible
Support - 932 - 912 - 885 - 862 - 838 & 823.. Below 811 can be trend changed.. As in daily tf bearish diversion but currently it's flat..
Looking into the financials of company..
*""Since 1 month avg volume traded was 7lac & deliveries 3lac
***Debt to equity ratio decrease to 0.3
*** net profit increase to YOY in 22 it was 170 cr & in 23 it's 715cr..
*** revenue also increase..
That's all.. All levels and information provided here is only for educational purposes.. No buy / sell recommendation 🙏DYOA and make decision. 😉
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