Standing right on the edge of its trendline
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...
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.
TIMEFRAME OF CUP AND HANDLE - 1 WEEK TARGET 1 - 74 TARGET 2 - 77 TARGET 3 - 79 Time to cross target < 3 weeks
Marksans Pharma suggested to buy upto 50... It hits my target... Up by 40%
Buy after breakout with volume confirmation for a target of 65+ in short term. Felling wedge breakout soon.
- Monthly/ Positional - Risk Management/ Position Sizing
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
F U SEE THE DAILY CHART ITS A LONG ACCUMULATION BY BIG PLAYERS FROM AUGUST TO ALMOST DECEMBER START THIS STOCK IS TRADING AROUND 60 LEVELS, ACCORING TO WHAT CHART SAYS IF IT BREAKS 70 WE CAN SEE A BLASST TILL 100 LEVELS SL CAN BE 55rs ON WEEKLY CLOSING BASIS