Marksans in Demand ZoneMarksans Pharma Ltd Seems to be in a demand zone on a weekly chart.Longby ravi.s.bhat0
MARKSANS, LONGAfter a downtrend (shown by red line), Share formed HAMMER followed by MARUBOZU (shown in box). RSI is also supporting price rise (marked by green arrow). All these things indicate that Share Price will go up.Longby Ankita_yadavUpdated 558
Start invest in this PharmaMARKSANS pharma at bottom levels again. Buy and hold for double.Longby raghu.972Updated 3
Looks good for swing trade @ given levelsThis Analysis is for watch purpose only. No trade to be taken based on this Analysis.by sanazaibUpdated 1
Highly Oversold loss 0.06 lakhs to 14.5 crore Profit company I believe Marksans Pharma has the potential to give good returns in long term. **Fundamental Analysis** The stock gave great results on QOQ basis with from a loss of 8 lakhs to a profit of 14.5 crore thats good on every scale. The only thing that concerns me is the P/E ratio which is way above the Industry average of 20. **Credit Rating for Marksans Pharma ** IND A-(Stable) for Long Term Rating from fitch IND A1(Stable) for Short Term from fitch **Technical Analysis** The stock has a major support around 35–39 levels if these levels are breached one can exit the stock. But stock appears lucrative at current price for 52 targets and would complete three drives pattern Longby faadoostocks0
Marksans PharmaBullish cross over on weekly charts on Aroon indicator and indicates a change in trend . Close above 54-55 levels can see this stock touch 60-64 in short run and 84-100 in a years time. Longby ProtikKudva332
Marksans pharmaLooks like a buy to me immediate target 48-50, after breakout 55-59Longby saurav4u1991Updated 1
marksanNear strong Support, If support is held it will make an attempt to reach resistance zone of 55-58.Longby Singh_SiddzUpdated 114
Marksans Pharma Pennant Breakout or Trap?I like to trade Flag(Pennant) pattern simply because it is relative smaller pattern so the holding period is less and risk to reward is mostly good. I've detected another pattern which looks promising as formed correctly fulfilling all the criteria. My only concern is its closing at the lower side forming a wick on double top zone. Is it an opportunity to enter cheap or a trap of a Supply Zone? Still I would take chance as small stop loss is affordable to me. I would like to hear your views in this situation, please provide your valuable comments. Thanks!Longby praveen.bhatiya227
MARKSANS PHARMA - Channel Price ActionIt has been observed that price action is moving in a channel and good volumes are involved. In past after channel breakout it has given nice breakout. Can be kept in radar/watch list. Seems like smart money is accumulating nicely. Suggestions and comments appreciated.Longby gameofmoneys111