💡 Natco Pharma Ltd – VCB Breakout Trend

1️⃣ Long-Term Uptrend The chart reflects a decade-long ascending base structure. Price continues to respect its multi-year trendline, forming higher lows and staging multiple breakout attempts. 2️⃣ VCB Pattern Breakouts The stock has followed the Volatility Contraction Base (VCB) pattern repeatedly — marked by narrowing ranges, sharp accumulation, and explosive breakouts. Each breakout phase was preceded by contraction and supported by volume spikes. 3️⃣ Current Setup After the 2024 peak and sharp correction, the stock rebounded from the long-term trendline. A fresh breakout from the recent VCB pattern around 850–870 zone has triggered new upside momentum. 4️⃣ Key Levels to Watch 🔼 Resistance: 1150 / 1290 🟩 Support: 905 / 810 A sustained move above 1050 could confirm fresh trend continuation. 📢 Disclaimer: This is for informational purposes only. Nothing herein constitutes a buy or sell recommendation. I may or may not be holding a position in the stock mentioned. 🧑‍💼 Rajneesh Sharma is a SEBI-registered Research Analyst (Reg. No. INH000020332). 📄 Investments are subject to market risks. Read all related documents carefully before investing.