NATCO Pharma Limited – Potential Double Bottom, Controlled Recovery
NATCOPHARM has been correcting over the last two months but seems to have established a potential double bottom around 775. The current resistance zone is around 884, and if it manages to close firmly above 900, it could rally towards 945-960. The recovery looks controlled, with a stop loss ideally below 865. Selling pressure seems to have eased, making this a possible accumulation phase suitable for holding or adding on dips.
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