natco pharma buy technically strong Fundamentally strong Wait for breakout and grab it ..
Cup & Handle Breakout Retest level 935 Taken support 9 EMA and bounced support 845 RSI above 60 Weekly / Monthly Daily RSI 58 EMA are in line Expected level 1189 and above
Hey Dosto! 👋 🔍 Chart Analysis: Natco Pharma - CMP 980 📊 🚀 Reasons for Trade: Strong Uptrend Cup and Handle Breakout Retest 💹 Trade Details: CMP: 980 SL: 918 Targets: 1090, 1188 🌟 Why Natco Pharma? After a cup and handle breakout, Natco Pharma has retraced for a retest, indicating potential upward momentum. 💡 Trade Strategy: 📈 Enter after retest...
NATCO PHARMA made a rounding bottom and later completed the cup and handle pattern. The stock is trying to reverse from the 38% retracement from the top it made recently. If it reverses we can aim for the target of 1240-1300-1350-1500-1600. Targets or studies are based on my analysis and shouldn't be considered as BUY/ SELL recommendation.
TARGET AND SL @760 FUNDAMENTALS Market Cap ₹ 14,846 Cr. Current Price ₹ 829 High / Low ₹ 928 / 502 Stock P/E 13.2 Book Value ₹ 296 Dividend Yield 1.00 % ROCE 17.7 % ROE 15.3 % Face Value ₹ 2.00 Promoter holding 49.7 % EPS last year ₹ 39.2 EPS latest quarter ₹ 20.6 Debt ₹ 248 Cr. Pledged percentage 0.00 % Net CF ₹ 20.8 Cr. Price to Cash...
16-02-2024 -------------- Buy NATCOPHARMA @CMP Target of 1094-1190-1314-1383 SL 832 Strategy : SBO + RSI > 60 + EMA above 20 & 50 Duration few weeks Please consult your financial advisor before investing All research for educational purposes only.
This is about to make breakout of its multi-year w-pattern / volatility contraction. Pharma being at the good position, makes it more attractive. With recent financial exceeding estimates indicate that the company is inline with what chart is projecting. What do you think? Will its price sustain above 1000-1100 level?
Formed a Traditional Double Bottom and also Inverted Head Shoulders. Once it break the neck point 1189, target will be 1432 and 1670.
These are swing ideas which you can add your watchlist and analysis for yourself ! Keep on your radar!
Stock name = Natco Pharma Limited. Weekly chart setup Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Master Score - B Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling...
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
Entry Possible above 950 level SL - 720 Short term Target - 1190 Long term Target - 1500 Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you...
On the way to forming inverted head and shoulders in weekly timeframe. Always your Risk Reward Ratio keep in mind. It's only my view not a recommendation.
Natco pharma now at selling pressure so we can consider as sell side
Breakout trading implementation: 1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range. 2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights...
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!!
Reason for long: a) weekly breakout with volume and price burst . b)QQE, Renko, supertrend and Rainbow is long signal c) Head and shoulder breakout d) channel breakout Another 10 to 15 % upside is possible and resistance is super vmap. SL compulsory
Natco pharma intraday view for 9th Aug Buy entry above 881 sl area around 872 Charts for Educational purposes only. Strictly follow Risk Reward and Stop Loss if you consider the level Thanks, V Trade Point