This stock has been giving consistent returns since last couple of years. 1st upward move was about 30% 2nd upward move was about 28% Expecting a 3rd upward move for more 30% i.e., 2800 rupees. Let's see if my analysis goes correct for the 3rd time with this stock There is a really good momentum in this stock. CDSL, CAMS price is directly proportional to NIFTY...
If the technicals of this stock are really respected by the market, there is easily 10% safe upside for this stock.It came down because of the Japanese Interest rates increase, but that is already factored into the market. Even the first support level is very well respected by the stock Let's see if we would be able to see 10% upside in this stock in coming few days.
NSE:NATCOPHARM Natco Pharma is still looking good in a technical point of view. It formed a cup and holder pattern and it is in a bullish momentum right now. Looks undervalued fundamentally for me. Did not know that I can publish my ideas with the community on trading view. Had analysed this stock couple of months ago only. Will keep giving updates regularly from now on.
Supports are really well respected by the market. Let's make money guys.
Long NASDAQ. Supports are very well followed by the market. Elections time(Volatility will be higher than usual)