Support and Resistance
Marksans Pharmaceuticals Marksans Pharmaceuticals
Can exhibit a further up move or down move depending on further confirming price action at resistance line/ rounding bottom formation.
Fundamentally the stock is not in a bad position.
If price action breaks out in bullish manner, one can go long for medium to long term
PEL Looking Good For Swing TradingPEL Daily Time-frame.
It as tested EMA 20 several times and took support.
Currently, It has tested EMA 20 and formed Inside Bar.
If you switch to Weekly and Monthly charts, both are in up trend and in pullback mode.
Just my observation, no recommendation to buy or sell.