NATCO Pharma Limited
업데이트됨

Natco Pharma- A beautiful pattern mirroring!

990
This will remain as one of my most favourite idea if breakout goes successful.
Trade logic: An inverted head and shoulder breakout is on the cards.

The most exciting and unique observation from this chart is that a similar IHNS breakout happened in 2021. But the breakout failed.
However, the stock again has created an inverted head and shoulder pattern with the same neckline in a much lesser time compared to previous pattern. (4 years then vs 2.5 years now)

Stock has cranked up its volume getting ready for a good breakout. Confirmation above 920.
I wont be surprised if this stock breaches ATH levels if the breakout is successful.
A good pharma stock from investment perspective as well. Keep in watchlist.
Do like, comment and follow for such more ideas!
액티브 트레이드
노트
I'm lovin' it! What a blasting move post breakout. ATH levels should be seen soon.
노트
T1 done!
노트
T2 done. 1200+ already done. A new ATH is made and bull run has just started
노트
1500+ done . more than 75% returns

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