Nath biogenesNATH BIOGENES, fresh charts here idicates a quick target of 235 and this target itself will trigger a fresh brèakout for 524. Hold it with patience , i have checked the company profile and it is excellent.
Nath Bio-Genes (India) Ltd.
No trades
Trade ideas
Key Support / Resistance Breakout - Swing TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Key Support & Resistance Breakout. Stock has give Breakout of Resistance level. Keep in watch list. Buy above the high. Suitable for Swing Trade. Stop loss & Target Shown on Chart.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think.
Nathbiogen is on Bullish MomentumHi everyone.. Nathbiogen is indicating at another bullish momentum & can be traded as indicated with Expected Target & Stop loss
Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
nath biopromoter group bought 3.63% stake on 24august, another [promoter bought .90% on 17th auugust
NATH BIOGEN BREAKOUT TRADE ???1. 1 Month: Delivery volume increased by 0.62%
1 Day: Delivery volume increased by 655.9% over 5 day average
Effectively using its capital to generate profit - RoCE improving in last 2 years
Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
Efficient in managing Assets to generate Profits - ROA improving since last 2 year
Company with Low Debt
Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
Annual Net Profits improving for last 2 years
Book Value per share Improving for last 2 years
FII / FPI or Institutions increasing their shareholding
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3 year CAGR growth
Revenue 17.1%
NetProfit 23.7%
OperatingProfit 18.2%
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Nath Bio-genesTrade setup:
Weekly: many confluences (1) Broke the long term trendline (red colour), did the retest, and the stock is bouncing back again with volumes. (2) took support at 50% fib levels on retracement. (3) took support on bottom trendline (pink colour). (4) change in structure from LL - LH to HH - HL.
Stock can make violent moves in few days.
Entry = CMP ie; 380 INR
Target = T1 (445 INR) and T2 (ATH ie; 567 INR)
Stop loss = 350 INR
Long setup in Nath Bio Genes IndiaIt is a cyclical business with best quarter result comes in June. The ROCE is at the lowest for last 5 years, and sector is turning around. A good possibility of re-rating. The Price seems to have started moving up after consolidation, might touch 500. All depends upon result next week. Stop loss: 340
Disclaimer: The stock/index/currency discussed do not constitute Investment/trading advise and is merely an effort towards enhancing learning, knowledge and book keeping. Kindly do your own due diligence and/or consult investment advisor before making any investment/trading decisions
Moving Average "MAGIC 13"NSE:NATHBIOGEN
On Month Chart , Price closes above 13 moving average.
It is clear indication that stock is going to double with in 3-5 months.
Long 62% upside potential Long term correction & close above 200 DMA , as per trend line possible to give 60% return on upside.
#NATHBIOGEN#BoxBO
TGC With Strength
CCI(D) crosses 100
Forms Highest High with Strength
On W
Bottom is confirmed
Momentum Awaited
Target 546 / 564 / 593
