MINDKIND PHARMA#MANKIND Pharma Limited TF: 30 min Pattern: Inverted head and shoulder Buying range: in between 2680-2708 Targets: 2770, 2840, 2910 SL: 30 min candle closing below 2645Longby SkyTradingZone2
MANKIND Stock is in an up-trend, and recent clearance of its previous all time high of 2490 confirms that. The stock has a low price history, so cannot predict targets. Riding the up-trend is the most sensible decision here. Bullish outlook remains intact as long as the price trades in the up-sloping trend channel. Longby CourtroomInvestments0
Mankind Pharma Ltd - Cup with handle pattern formationThe cup with handle pattern is a bullish chart formation resembling a cup with a slight consolidation (handle) on the right. A trading strategy involves entering a position when the price breaks above the resistance level at the top of the cup, ideally after confirming bullish momentum. Mankind Pharma is forming a cup with handle pattern on the hourly timeframe, signaling potential bullish movement. The handle has formed on a flat base, reinforcing the bullish setup. Where the prior resistance become support (Support-Resistance Flip). Chart Structure: Price is creating higher tops and higher bottoms, indicating a strong uptrend where as RSI is trending higher and remains above 50, confirming positive momentum. Trade execution planned above 2835,anticipated target is above 3000, suggesting substantial upside potential if the breakout is confirmed. SL would be the last higher swing low.Longby Arvind_Share_Academy2
Mankind Pharma... Very powerfulMankind pharma is running since its IPO opened. It has never looked back and it seems to repeat itself in future. I think there is no target, Only SL. The chart is self-explanatory. You can make your new position even from this level and enjoy the ride. Note : This is my view, don't go blindly as per my view.. Please take decision on your own analysis. by sangoel732
MANKIND -Flag and Pole -Daily - Breakout **Mankind Pharma Ltd.** shows a clear **flag and pole pattern**, indicating a potential continuation of the uptrend. Here's a breakdown of the technical analysis: ### Key Observations: 1. **Flag and Pole Pattern**: - The pattern consists of a sharp upward movement (the pole) followed by a consolidation phase (the flag), forming between parallel lines. - The breakout above the flag pattern suggests a bullish continuation, with a price target typically equal to the length of the pole added to the breakout point. 2. **Target Price**: - The length of the pole is measured at **660.85 points (34.81%)**, and applying this to the breakout level a target near **3,217 INR**, as marked on the chart. 3. **Volume Confirmation**: - The breakout has been accompanied by an increase in volume, confirming the validity of the upward movement. - Higher-than-average volume during breakouts adds credibility to the bullish scenario. 4. **Support Levels**: - Near-term support lies at **2,559 INR**, followed by a stronger support zone around **2,372 INR** if there’s a pullback. 5. **Resistance Levels**: - Immediate resistance is expected near **2,665 INR** (recent high), with the next target at the calculated level of **3,217 INR** based on the flag and pole projection. ### Conclusion: This chart suggests a bullish outlook for **Mankind Pharma Ltd.**, with potential for further upside as the flag and pole pattern points to a target of around **3,217 INR**. Traders may want to watch for price action around current resistance levels and ensure volume continues to support the move. Would you like any further analysis on this?Longby VCharts_TA0
Breakout - Mankind Pharma Ltd (MANKIND) Mankind Pharma Ltd (MANKIND) Wait for Breakout Price Action: The stock has been trending higher since the breakout, indicating a bullish momentum. Disclaimer: This is for informational purposes only and does not constitute financial advice. Always do your own research and consult with a financial advisor before making any investment decisions. Longby supertraders_india3
You can make a long position in this.It has already crossed the Fibonacci level of 2477 and it is expected that it will again test the Rs 2470 level when one can add positions in it which can be seen up to 2800 and 3400. Longby aryamanjain2012224
Buy Mankind Pharma for major upside . 2 lakh to 2 Cr journey Cmp 2300 Buy near 2280 short term target 2408 &2495 Now take a look of Long term journey Mankind Pharma cam be a multibagger counter 5 years Sales, profit and return of equity growth almost more than 20% and this can be increase more and more . Counter going to reach at 1 lakh cr capital this year and after that it will unstoppable . 100% debt free company All the parameter are perfect for long term selection . Just invest 2 lakh in this counter during upcoming 2 years and sleep relax... After 20 years your 2 lakh will become 2 cr. We personally start investing in this counter . If you dont have 2 lakh then you can follow 5000Rs SIP for 40 months You can earn with trading but if you want to create a wealth then long term investing is only solution . Dont miss this opportunity .Longby MVLINDIA9
VIEW ON MANKIND PHARMASomething big is happening or going to happen in this stock Continously green candle for 10 trading session Despite of market volatility and Negative trend I am just representing my views Fort educational purpose only.Longby dakshb38390
Momentum InvestingRule 1 : Respect Target & Stoploss. Rule 2 : Hold the Trade until the Rule 1 is not met. Rule 3 : SL on Day Close Basis Rule 4 : On result day trail your SL at 15Min Time FrameLongby Ravi_KasliwalUpdated 3
Mankind Pharma: Decent outlook along with M&A catalyst The stock dropped 4% after BSV acquisition announcement on Friday slid a little more to support levels of 2045 and bounced back to close at 2063. The Co. will be announcing earnings which if goes well, the company can break through 2,200 resistance and move upwards. The company also has regulatory approvals pending from: -Competition Commission of India -Turkish Competition Authority -Federal Ministry of Economic Affairs and Climate Action, Germany If everything goes as planned these approvals could act as a further catalyst to the stock. Analyst price the stock at: Kotak: 2370Rs Antique: 2438Rs MOFSL: 2650Rs Dolat: 2554Rs avg upside of 21% from current price of 2063Rs Longby kurrentUpdated 1
mankind pharma bullish displacemnt seen highly likely to make fresh new highs low convictiuon mon=vement to down sides Longby akhilpr1111
MANKIND PHARMANEAR ABOUT AT THE SUPPORT VERY STRONG FUNDAMENTAL COULD BE DEBT FREE BY THIS YEAR ROCE 20%+ Strong Promotor Holding, Sales, Management, Price PowerLongby SimpleInvestorGogo3
MANKIND PHARMA, Fresh breakdown with a strong momentum.After the break of structure the price has successfully retested the upper levels now we have a fresh breakdown with a strong momentum. The price could test the lower levels of 2,056 and on my probability scale it is more than 55%. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.by ssvirdi1
MANKIND, Important LevelsCurrently we are in the downtrend. The price has given the breakdown of the bands. The price could test the lower level of 2,056 CMP:2,127.50 R1:2,200 | R2:2,299 S1:2,056 | S2:1,931.35 Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. by ssvirdiUpdated 2
MANKIND is giving a very good entryIf market stays positive, this seem to be one of finest investment option, only for education purpose, do your own researchLongby tvihaan070
Support located with good resultsSupportive Prices with great results. There is a tremendous growth in healthcare. And they have really great supportive brands in chronic disease segment. Moat with few brands like ManforceLongby ifyouwaityougain112
India's 4th largest pharma company has given breakout..Hello Guy's i hope you all will be doing good in your life and your trading as well. I have brought another stock which has given breakout of small rectangle pattern on daily timeframe. Company has good management with proven profits making record, it is 4th Consumer Healthcare brands Market ranked #1 in their categories. Mankind is present in several acute and chronic therapeutic areas in India, including anti-infectives, cardiovascular, gastrointestinal, anti-diabetic, neuro/CNS, vitamins/minerals/nutrients, and respiratory. If i talk about technicals, stock has given small Rectangle pattern breakout and stock has came down to retest the levels. Indicators like MACD and RSI start giving bullish crossover, Price is above 200-DEMA. All is indicating bullish reversal in stock. There is higher chances we can see good bullish momentum in near term. Stock is good for investment like short term to medium term. And one more thing, if anybody wants to consider this stock as long term, then it is absolutely good for that, even i will suggest to do SIP in this. Market Cap ₹ 92,165 Cr. Current Price ₹ 2,301 High / Low ₹ 2,375 / 1,241 Stock P/E 55.8 Book Value ₹ 216 Dividend Yield 0.00 % ROCE 20.7 % ROE 17.0 % Face Value ₹ 1.00 Industry PE 32.8 Debt ₹ 9.74 Cr. EPS ₹ 41.2 Promoter holding 76.5 % Intrinsic Value ₹ 851 Pledged percentage 0.00 % EVEBITDA 38.6 Change in Prom Hold 0.00 % Profit Var 5Yrs 11.9 % Sales growth 5Years 15.7 % Return over 5years % Debt to equity 0.00 Net profit ₹ 1,650 Cr. ROE 5Yr 21.6 % Profit growth 39.3 % Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou. Editors' picksLongby TraderRahulPalUpdated 22359
MANKIND#MANKIND gave a good breakout from the range on a good volume. I am expecting the stock to reach a new high. Longby Sudhi44884
mankind pharma rising wedgewhen the stock reach the bottom trend line it may fall downsideShortby johnjen2088Updated 110
Mankind pharma reversal.EMA 9/21 cross on daily chart. RSI above 50. MACD Crossover above zero line with green candle.Longby manishz231
I wish it will give good returns Technically best stock from my side it is looking good for going outside it has given in 8 month 76% return fundamently also good and companies doing goodLongby tjihimanshu0
this stock can go a long way upFib Analysis- the retracement to 38.2% from a higher zone is an indication of tremendous strength. In my view this is just the start of a big rally in this newly listed counterLongby singh17vivek2