MTF Stock Pick - Buy Natco Pharma Ltd For Target Rs. 1170 - HDFC Securities
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MTF Stock Pick Buy Natco Pharma Ltd For Target Rs. 1170 - HDFC Securities
Stock price has broken out from bullish “Pennant” pattern on the daily charts
Rising volumes during the breakout has validated the upside breakout
Stock has been trading above important moving average parameters, indicating uptrend on all time frames
Pharma Sector has been one of the best performing sector and still holding it s strength
Stock price has broken out from the consolidation which held for last four weeks
Indicators and oscillators like RSI, MACD and DMI have turned bullish on short term charts
Buy Natco Pharma Ltd Up to 3 Months @ 931-940 CMP 931.75 TGT 1170 SL 850
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