Potential 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...
Take Entry in Demand Zone. Take position at your own risk.
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...
marksans chart analysis for intraday and swing trading
Standing right on the edge of its trendline
NSE:MARKSANS Levels mentioned in Chart. Note: Not a SEBI Registered analyst. Trade at your own discretion.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
MARKSANS PHARMA LTD. Fundamentally it's a hidden gem!. Growth in profit margin, Debt is asset ratio decreasing it's good to sign for company growth. 12.10 P/E so it's the best and cheap price to BUY hold this for a longterm investment. 83.70 CMP.
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...
ENTER ON 1 HOUR BREAKOUT IN CHART PATTERN
Buy at CMP 56 for a target of 65+ in short term. 1. Flag and pole breakout with volume. 2. Support at 50 levels. 3. Falling wedge breakout candidate.
* I like those chart pattern when price hug many times its upper boundary before breakout with high volume . Accumulate slowly this stock . Kindly Let us know if you have any questions .
Breakout is confirmed and retesting which acts as support. Waiting for MACD confirmation to enter. Disclaimer: For educational purpose only but not a recommendation.
Add Marksans Pharma for short term. Buy upto 50... targets can be 80-95.
The stock broke out after months-long consolidation, and gave a brief low volume pullback. A CANSLIM stock, will soar higher in days to come
positive results, buying volumes and technically positive