Natco is trading in a symmetrical triangle chart pattern . It is expected to break towards upside where we can see a rally until 1000 + . if it break the bottom of the triangle then it dont go for it. Wait for the line breakout and enter. Disclaimer : Only for learning Purpose and not a trading recommendation
Potential reverse head & shoulder pattern forming in NATCO PHARMA LTD. Fundamentals are quite good with highest ever net profit in Q1 2023 Expecting entry around 790 level with the technical target of 1350 (70% ROI) Stop loss below 750 (optional) Do your own due diligence before taking any action. Peace!!
NSE:NATCOPHARM has been sustained above major resistance of 570. Best entry level is 570 with stop loss of 540 (-30 Points). My expected target will be 585 & 631 (+61 Points) which could be a low risk high reward idea. Note: This is my personal analysis, only for learning. Thanks.
NATCO PHARMA LOOKING GOOD FOR 900 LEVEL RALLY
Short Term Cash Buy NATCOPHARM @748.00-750 SL 717 TGT 807 TK cross over Above VWAP MACD cross over So it indicates the uptrend continues so go long