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Ranganna_naik
Jun 23, 2023 12:25 PM

NATCO Pharma  Long

NATCO PHARMA LTDNSE

Description

This idea is only for educational purposes

Turnaround is happening in the company ( Added fundamental and technical ).

i) Recently company received approval for the cancer medicine
ii) Latest quarter's profit increased 5 times the previous quarter
iii) Promoter, FII, and DII increased the stock holding
iv) Technical points
a) Above 3o weeks ema
b) RS is positive
c) today broke the consolidation zone with a high volume
d) making HH and HL



Note:
    1. 1st target 750 short-term duration
    2. Long term 900 plus ( based on next quarter's result)
Comments
surajnagesh
Hi Ranga, what is that indicator you are using with the heads up display? Mind sharing?
Ranganna_naik
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