This is my view on MARKSANS; CMP 69.85 | T1: 98 (~40%) | T2: 108 (~55%)
The rationale for the going long: - Stock moves up with high volumes and pullback occur with lower volumes. - Base formation (consolidation) at 66-69 Levels - RSI Bullish Divergence. - Highest revenue and net profits in FY 2021 & TTM QE June 2021 (in past 10years). - Low PE of ~11 compared to the ~24 of industry.
Readers, please note this is meant for educational purposes only.