NATCOPHARM trade ideas
NATCO PHARMAIt has rallied from 570 odd levels to 629, but there is rejection placed at 644, if crosses then 665 possible else reverse back to 620
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
Natco Pharma - Bearish bias - Short at current levels.Natco Pharma - Bearish bias - Short at current levels.
NATCO PHARMA NATCO PHARMA followed a nice ascending triangle.
The 4hr & Daily candle closed on the ascending triangle.
Natco looks bearish on MACD on all time frames .
Natco should test its 200 MA around 539 .
Various support levels are mentioned on the chart .
Trade# 1001: Wk review for holding period of 3 monthsLow debt company; Possibility of multiple wave uptrend in another 1 year.
short term target 625 and pull back entry at 575 with SL of 2 to 5% and target of 7 to 10% in next 3 months.
SL compulsory and wait for pull back always
Natco pharma : buyers active at support zone. Natco pharma : buyers active at support zone.
Stock may lead rally in pharam sector
