Natco Pharma: Trading near 2 years upper range Natco Pharma is looking good for further breakout of 2 year consolidation. Keep on radar
NATCOPHARM trade ideas
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.
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%
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
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.
Natco Pharma: Trading near breakout levelNatco Pharma is trading near breakout level. Keep on radar for closing above 780. Stock is changing trend after 2 years. Seems consolidation has been done and stock is getting ready for breakout. Company has announced excellent results for last quarter.
NATCO, the underperforming quality pharma stockInvestors are wary of Natco Pharma as it has failed to perform in earlier years when it was tipped to be the one. However, the fundamentals are painting a different picture, with a sublime Q4 performance, USFDA approval of its Vizag unit, drug launch approvals in US, subsidiaries in Canada and Mexico doing well, the seguey into agrochemicals stabilizing....negligible debt, competed a 2% buyback in May 2023 wherein the promoters did not participate.. it has a modest PE valuation as on date compared to its 5 year history... stock has already broken out of its downtrend... a bit of consolidation is alway good before further direction emerges.. keeping a stoploss of 609 I am taking position in this counter
Natco pharma good to go for a 8% rideNatco pharma good to go for a 8% ride
it made a bottom after a long consolidation.
we can see positive upside move in this stock
Natcopharma looks bullish Natcopharma bullish above 685+
SL 650
TGT 760+
Disclaimer - This is not a call and tips it's only for educational purpose
Natco Pharma: Offering highly favorable risk reward set upNatco Pharma is looking good on weekly time frame. Seems chart is going to complete rounding bottom pattern. Keep on radar.
Go Long - Natco Pharma1. Consolidation
2. Breakout
3. Outperforming
Good Risk Reward or 1:3 (based on ATR)
Natco Pharma - Underdog tradeHands down one of the lowest valued pharma co's in our stock market.
The co has great visibility and cash flow generation from their business upto 2025. The company is also looking at actively growing in both pharma & agro chems.
The co has formed an excellent base and could now be seen breaking out with large volumes from the base
Long at current price with stoploss below 619.
Expecting to see this co making some noise in the M&A space in FY24.
NATCO PHARMA TARGET 779 NATCO PHARMA in weekly falling channel breakout with bullish in monthly and weekly. it has broken the strong weekly resistance with a bullish of 627. If it sustains above 627 in day it will reach the target of 779. Stop loss 627
NATCO PHARMA- CUP AND HANDLE REVERSALa reversal can be seen in Natco Pharma, after falling for many months Natco Pharma has formed a cup and handle pattern which can be seen in the charts, it can easily give targets of 750!!
and if it goes beyond many more targets can be unlocked :)
Stock to watchGood stock. Down trend reversal to uptrend happened.
Morning star pattern formed at the end
Crossed the resistance line. Might go up.
But I am waiting for retest. once retest happens Ill buy
MACD crossover also happened
Strong Volume BO#NATCOPHARM
- Good Consolidation before BO
- High Volume on BO
- Above Key EMAs
- Bullish RSI
NATCOPHARM | Excellent Flag setupNATCOPHARM | Excellent Flag setup
CMP : 654 (Dip : 620)
SL : 610
Target : 770
Natco Pharma: On verge of 9 month range breakoutNatco Pharma is looking good on weekly time frame. Strong is consolidating since last 9 months. Keep on radar for closing above 640. Pharma sector is also performing well.
Price moves under the Upward parallel channel at NATCOPHARMPrice moves under the Upward parallel channel at NATCOPHARM
BSE: 524816
NSE : NATCOPHARM
ONLY FOR #educational NOT SEBI REGISTERED #LEARNEARN
It's my analysis, and it's 100 percent possible that I'm wrong. So, please don't believe in me; do your own analysis before investing.
VIEW ON NATCO PHARMAGood chart structure
Closed closed above yesterday's high
Target 590/599
Stop loss 577.5
I am just representing my views.
For educational purpose only.
LONG CALL ON NATCO PHARMAAfter a big fall a reversal is seen in Natco
Target 565/571/580
Stop loss 553
I am just representing my views
For educational purpose only.
