Natco - Short term DARVAS technical trade
تم تحديثه
Natco - Short term technical trade
Fundamentals
MCAP- 28000 Cr
PE - 17.22 < Industry PE of 35.55
PEG Ratio is 1
Debt to Equity is 0.06 and ICR is 99
ROE is 26%, ROCE is 30% ( 5yr ROCE is 15%)
Sales growth is 42%, 5yr Sales growth is 13%
Profit Growth is 100%, 5yr Profit growth is 17%
Promoter holding is 50%
Latest results - excellent
Technicals
CMP - 1566
Bullish - Above EMA 9, 21,63, 200 on daily charts , RSI(14) is 75
Commentary
Based on the Darvas box method, I expect Natco pharma to continue trading up.
With CMP 1571, it has breached its own all time high with good volumes. As you can see the volumes yesterday was well over the 20 day moving average volume. I expect the trend to continue. The below targets are to ride this wave and catch as much upside as possible with little downside risk.
Target : 1689
Stop Loss : 1420 (If already invested) , more conservative stop loss would be 2-3% below CMP
Disclosure 1 - Invested
Disclosure 2 - Not SEBI Registered
Disclosure 3 - This is Not investment advice. Treat it as educational
Fundamentals
MCAP- 28000 Cr
PE - 17.22 < Industry PE of 35.55
PEG Ratio is 1
Debt to Equity is 0.06 and ICR is 99
ROE is 26%, ROCE is 30% ( 5yr ROCE is 15%)
Sales growth is 42%, 5yr Sales growth is 13%
Profit Growth is 100%, 5yr Profit growth is 17%
Promoter holding is 50%
Latest results - excellent
Technicals
CMP - 1566
Bullish - Above EMA 9, 21,63, 200 on daily charts , RSI(14) is 75
Commentary
Based on the Darvas box method, I expect Natco pharma to continue trading up.
With CMP 1571, it has breached its own all time high with good volumes. As you can see the volumes yesterday was well over the 20 day moving average volume. I expect the trend to continue. The below targets are to ride this wave and catch as much upside as possible with little downside risk.
Target : 1689
Stop Loss : 1420 (If already invested) , more conservative stop loss would be 2-3% below CMP
Disclosure 1 - Invested
Disclosure 2 - Not SEBI Registered
Disclosure 3 - This is Not investment advice. Treat it as educational
تم فتح الصفقة
Natco CMP 1600+ 
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