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VR46_TheDoctor
Jun 13, 2021 2:50 PM

MARKSANS PHARMA, WAITING FOR PULLBACK Long

MARKSANS PHARMA LTDNSE

Description

Marksans pharma has been showing good volumes spikes after 3 years.

Fundamentally nothing extraordinary about it. But technical structure is bullish, very bullish.
Trading above all Key EMA's.
RSI Has shown negative divergence, so expecting a pullback to 76.5-77.5 levels to take long position.

If somehow it comes to test its strong breakout levels of around 65-69 then a definite long position to be made.

It has full potential to achieve 95 / 105 levels from here.


***DO YOUR OWN ANALYSIS, I AM NOT RESPONSIBLE FOR YOUR FINANCIAL MOVEMENTS***
Comments
somnathrc
Good observation.
chet77
I feel pullback is now ruled out to 70s level
ZYRODON
They are issuing warranty Rs 74 apiece. That's y it shot up 20%
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