NATCO Pharma – Horizontal Breakout SetupNATCO Pharma LimitedNSE:NATCOPHARMchirag.sanghavi89NATCO Pharma is showing strength after a decisive horizontal resistance breakout, indicating renewed buying interest and potential continuation of the upward trend. The stock has successfully moved above a long-standing resistance zone, which now acts as an important support area. Price Pattern: Horizontal Line Breakout Technical View: • Price has broken above a multi-year consolidation resistance with improving momentum. • Higher lows formation suggests steady accumulation. • Trend structure remains positive as long as price sustains above the breakout level. Key Levels: Support: ₹950 Short-Term Resistance/Target: ₹1,100 Long-Term Target: ₹1,500 A sustained move above ₹1,100 may open the path for a larger trend continuation towards ₹1,500 over the long term, supported by structural price strength. Disclosure: I am not a SEBI-registered advisor. This view is shared purely for educational purposes. Before acting on any investment decision, kindly consult your financial advisor.