NATCOPHARM trade ideas
Double Bottom patternThe stock is making a double bottom pattern and looks good above 916 level. There is slight resistance at 930
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.
#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
