Supportive 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 Manforce
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...
Rule 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 Frame
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 good
Fib 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 counter
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
Posted decent Quarterly numbers, Revenue up 11% at Rs 2708.1 Cr. EBIDTA up 15% Rs. 682.7 Cr.
Maintaining healthy margin of 25.2%.
The stock has been sideways after wave 1 rally post its listing. The stock did a Fib 0.38 retracement and holding on it Symmetrical triangle formation and breakout above 1829 will open the stock for an upside of 1929 followed by 2120,...
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Support area
📌 Symbol/Asset: MANKIND
🔍 Description: Stock is around the demand zone. We can see bounce if support is not broken.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research,...
Mankind pharmas consolidation is still going on,
but there is strong volume and retest of resistance, within 1 to 3 days it will start to move upside.
there is crossover of EMA Also , if it starts to move above tuesday 17/10/23 day high then will move fast towords 1906.
so wait and see.
till then enjoy and observe
After decent barish trend, now it is giving bulllish signal on chart. Trading above 14 EMA and sustaining above the trendline. MACD is signalling bullish crossovers. Keep a close watch.
Note- I'm not SEBI registered technical analyst and advisor. Idea is only for learning purpose and it is not an advice to invest or trade.
Stock Name - Mankind Pharma Ltd
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 1879
#This is not Buy and Sell recommendation to any one. This is for education...
Mankind Pharma is looking good to place buy orders with a favorable risk-reward ratio. in the last trading session, it has given the breakout of the listing day high.
Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial advisor and make a self-decision. I will not be responsible for any profit and loss
