Natco Pharma 1 dRising Channel pattern.
Stock moving in upward direction . if it continues the same direction may go upwards.
RSI divergence . Price moving up and RSI in nearly on same level .
View . Neutral to slight positive
Natcopharma
Natco Pharma- A multibagger?NATCO Pharma Limited (NATCO) is a vertically integrated, research and development focused pharmaceutical company engaged in developing, manufacturing, and marketing complex products for niche therapeutic areas.
The Company has also forayed into Crop health and completed state-of-the-art greenfield manufacturing facilities for agro technical and formulation products, with a total Capex spend of over INR 150 crores located in Nellore, AP.
The company is making strategic investments and buying stakes in multiple companies.
The management is looking keen to grow the company and reach the whole world.
Some technical of the company-
Return on capital employed >30 AND
Debt to equity <0.1 AND
Net profit preceding 12months >500 AND
Net Profit latest quarter >100
This stock looks excellent for long term growth and may become a multibagger in the future.
Do keep it in your watchlist and keep a sharp eye on the results.
I am not a SEBI registered analyst.
Please do your own analysis before investing.
Do like and follow and share among your friends and family.
Thank you.
Natco Pharma heading towards 10,000+ long termPrice has reached all time high in last trading session.
A great 700% ROI potential even if it takes 3 years holding time.
Strong fundamentals, fairly valued and recent break out from 1100 resistance zone after 7 years adds conviction to hold position for long term.
Technically price is moving in the final 5th wave of a larger degree.
Other targets are highlighted depending on your investment horizon.
Do your due diligence before taking any action.
Peace!!
NATCOPHARMA: Potential Reversal candidateNATCO 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.
Natco Long RunFormed a Traditional Double Bottom and also Inverted Head Shoulders.
Once it break the neck point 1189, target will be 1432 and 1670.
NATCO PHARMA LTD medium term swing ideaPotential 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!!
NATCOPHARM - Bullish Consolidation BreakoutNSE: NATCOPHARM is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Natcopharma time to break down trend?I feel this time Natco pharma is going to break the down trend. Worst case it can take another support near the SL area. Fingers crossed!
#LUPIN #LAURUSLABS #ZYDUSLIFE #APOLLOHOSP #FORTIS #AARTIDRUGS #I#LUPIN
NSE: LUPIN
CMP: 756
TP: 910
SL: 700
TF: <6m
RR > 3 times
Return > 20%
THYROCARE CNXPHARMA LUPIN NSE:CIPLA SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE APOLLOHOSP FORTIS AARTIDRUGS
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
NATCHOPHARM Low Risk High Reward IdeaNSE: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 - Monthly BreakoutNatco pharma on monthly breakout
levels defined for targets
exit at your convenience
Natco Pharma - Bullish Structure on Price Volume AnalysisVolume Price Analysis shows that NSE:NATCOPHARM is holding its Bullish Structure.
VSA Study
Stock has not broken the mid-point of WRC candle marked as 'D"
It has consolidated on Low volume after giving breakout
Pullback Structure looks about to complete and stock is about to resume its up-move journey
Candlestick Study
Stock has formed a Bullish Popgun Pattern
Note:
This study is just for Information & Knowledge purpose only and not for trade.
R-0113 Short Term Cash Buy NATCOPHARM @748.00-750 SL 717 TGT 807Short 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
NATCO PHARMA MAY BE BLASTNATCO PHARMA MAY BE BLAST.
JUST KEEP WATCH LEVELS...AS INTRADAY YOU CAN TRADE 605 FOR 615/620
WITH SL 585
