MARKSANS Pharma – Is the Pullback Over? Watch for the Next Move!Hello everyone! I hope you’re all doing great! 😊 Today, I’ve got an exciting setup for you – MARKSANS PHARMA! After a period of consolidation, MARKSANS Pharma is showing signs of a potential breakout! The stock has been trading in a range between 251 (support) and 279 (resistance), and it looks like we’re finally seeing the bulls take control.
Here’s what’s happening:
The stock has recently tested the 279 resistance multiple times, and this time, it managed to break out with decent volume, signaling that the buyers are gaining strength. If this momentum continues, we could be on the verge of a strong uptrend!
Key Levels to Watch:
Short-Term Target: 279
Second Target: 305
Third Target: 330
Final Target: 357
Best Entry Zone: 251-240 (a pullback to this level could be a golden opportunity!)
Stop Loss: 217 (always manage your risk!)
Fundamental View:
MARKSANS Pharma has been posting solid quarterly earnings, with steady revenue growth driven by strong demand in key segments. The company continues to expand and capture market share, especially in emerging markets. While risks like raw material costs and competition exist, the company's financial health and growth trajectory suggest it has strong upside potential from here.
What’s Next?
As long as the price holds above the 251-240 range, the bullish momentum should continue. If we see a pullback towards this zone, it could provide another entry point before the stock moves higher.
What do you think? Will MARKSANS Pharma hit 357 soon? Drop your thoughts in the comments below!
Disclaimer: This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions.
If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading!
MARKSANS
Marksans Pharma Ltd - Breakout Setup, Move is ON...#MARKSANS trading above Resistance of 262
Next Resistance is at 344
Support is at 194
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Marksans Pharma Ltd - Breakout Setup, Move is ON...#MARKSANS trading above Resistance of 212
Next Resistance is at 262
Support is at 180
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Marksans Pharma Ltd - Long Setup, Move is ON...#MARKSANS trading above Resistance of 134
Next Resistance is at 180
Support is at 92
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
MARKSANS - Ichimoku BreakoutStock Name - Marksans Pharma Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 160
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
Marksans Pharma Ltd - Long Setup, Move is ON...#MARKSANS trading above Resistance of 97
Next Resistance is at 134
Support is at 74
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
MARKSANS - Ichimoku BreakoutStock Name - Marksans Pharma Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 114
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
Marksans Pharma Ltd - Long Setup, Move is ON...#MARKSANS trading above Resistance of 78
Next Resistance is at 97
Support is at 64
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
MARKSANS - Ichimoku Bullish Breakout Stock Name - Marksans Pharma Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 71
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
SWING TRADE - MARKSANS PHARMA LTD - R:R @ 1:2Potential Opportunity as Swing Trade in NSE:MARKSANS
Risk : Reward - 1:2
ENTRY - 57.50
TARGET - 64.70
STOP LOSS - 53.80
This is for Educational Purpose only, apply your prudence & consult your adviser before any investing.
HAPPY TRADING.....
#nse #swingtrade #nifty #marksans #marksanspharma #nifty50 #priceaction #supportzone #trendline #retest #retracement #bullish #riskrewardratio #sma #simplemovingaverage
Marksans Pharma: Expected RallyThis 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.
MARKSANS PHARMA, WAITING FOR PULLBACKMarksans 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***