This is my view on MARKSANS; CMP 69.85 | T1: 98 (~40%) | T2: 108 (~55%) The rationale for the going long: - Stock moves up with high volumes and pullback occur with lower volumes. - Base formation (consolidation) at 66-69 Levels - RSI Bullish Divergence. - Highest revenue and net profits in FY 2021 & TTM QE June 2021 (in past 10years). - Low PE of ~11 compared to...
DISCLOSURE This is only for educational purpose This is not a recommendation I am not SEBI registered Do not TRADE/INVEST basis what I publish here I am not responsible for your loss or gain It is prudent to assume that I have ulterior motives in publishing this Idea I and my clients might or might not have a position, I and my clients might or might not...
Volume supports the price hike running in channel SL compulsory low debt org qty less than 1% of total protofolio
Buy CMP 72 Target 76,78 81 SL 69. This is only for educational purpose This is not a recommendation
Marksans Pharma Ltd. engages in the research, manufacture, marketing, and sale of pharmaceutical formulations. Its product portfolio spreads over major therapeutic areas such as oncology, gastroenterology, anti-diabetic, cardiovascular, pain management, and gynecology. The company was founded by Mark Bosco Saldanha on April 16, 1992 and is headquartered in Mumbai,...
Marksans pharma has taken a good support from 200ema and last three green candles send out a real bullish signal. Expecting a bullish divergence.
Stock is showing signs of reversal with volume spike at bottom of downtrend.
marksans chart analysis for intraday and swing trading
Stock may find support in 64-56 zone . Expect to be a 3 times + story from this zone. 49 on DCB is stop loss. Disc : it's not an investment advice to buy or sell
Standing right on the edge of its trendline
Dear friends ,please study yourself its a good stock to invest in near term
This scrip has formed Descending Triangle and expcted to Give breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Kindly like and share it to all your friends and needy people. Thanks to all.
It is in consolidation for the past one month and ready for the next move. Do add it to your watchlist and wait for breakout.
NSE:MARKSANS Levels mentioned in Chart. Note: Not a SEBI Registered analyst. Trade at your own discretion.