This chart is very interesting as well as confusing at the same time for some people let's break it down step by step.
- If you see the monthly chart of Natco Pharma you will notice many patterns there like:-
Cup pattern
W pattern
Pole and flag Pattern - Volume is increasing significantly on the monthly chart
- Breakout already happened last week but those who are willing to take risks can still participate in it because the stop loss will be a bit on the higher side.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.