NSE:MARKSANS has attempted a breakout and any follow up should be bought into. The stop loss will be at 175 after the breakout is confirmed. Looks good for short to medium term. Excellent volumes today.
Above 97 support sustains (21st Aug) then 📈 173 - 286 possible within ( March -- June 2024 ) Flags 🚩 are rejection marks. Disclaimer: It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
Monthly chart analysis of Marksans pharma reveals a beautiful cup and handle breakout in the stock. We have seen an ATH breakout already and a consolidation/retracement is bound to happen. The stock is looking strong for multibagger returns with the best buy level for a positional trade is the range of 95-105 Keep this stock in your watchlist. For investment,...
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 160 #This is not Buy and Sell recommendation to any one. This is for...
#Marksans CMP - ₹.130.35/- A Fundamentally strong great stock engaged in the Pharmaceutical business having network over more than 25 countries .Low debt company with zero promoter pledge. Stock is near the breakout of a cup and handle & a parallel channel and also if breakout happens then it will challenge it's more than 3year old resistance band which gives a...
NSE:MARKSANS has given a triangle breakout on a shorter time frame. I am using 4h candles here as I believe this is the best time-frame to see this correction coming to an end. We can clearly see a clean breakout of the triangle. A stop loss can be kept at 110.
Flag pattern formation in Marksans pharma. CMP : 109 Stoploss: 95 Target : 180 Breakout Confirmation above : 120
CMP 115 A thread on price pattern , expected movement In year 2006 it marked highs of 30.2 and after 8 yrs gave breakout in 2014 post which it gave nearly 4X move in 1 odd year to 115 in 2015. This time again it has Brokeout after 8 yrs in Jun 2023 If the price pattern repeats then a move towards 400 could be seen on the same line and pattern. Said that, the...
📊 Pattern: Rising Channel 📌 Symbol/Asset: MARKSANS PHARMA LIMITED 🔍 Description: Stock In Rising Channel, Buy On Dips 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
BUY - MARKSANS PHARMA LTD CMP - Rs. 73 Target - 1: Rs. 95 Target - 2: Rs. 130 Target - 3: Rs. 170 . . Technicals - Cup and Hande Pattern BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
Stock is near to giving BO post making round bottom pattern, follow chart for proper entry and exit levels.
A Fundamentally great stock engaged in the Pharmaceutical business having network over more than 25 countries .Low debt company with zero promoter pledge. Just below its 52 week high. For the last 1 year its in a consolidation stage and now challenging its more than 1 year older resistance band . If it breaks it and bounce over from here then the level of 100 is...
A Fundamentally great stock engaged in the Pharmaceutical business having network over more than 25 countries .Low debt company with zero promoter pledge. Just below its 52 week high. For the last 1 year its in a consolidation stage and now challenging its more than 1 year older resistance band . If it breaks it and bounce over from here then the level of 100 is...
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...
MARKSANS PHARMA as per Day Chart Analysis Stock ABOVE 68 TARGET 70 Happy Profitable Trading to All..
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...