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Marksanspharma

MARKSANS PHARMA LTD Trend AnalysisAn undervalued debt free small cap pharma with strong fundamentals available at a PE below 8. A potential Cup with Handle pattern is forming. Expecting price to reach green support zone highlighted, Golden FIB and Pitchfork edge is adding more confluence to that level. Good to accumulate around 35-40 levels for the following targets: Short term swing target @ 67 (78.5% ROI with 3.93 R:R) Medium term positional target @ 105 (180% ROI with 9 R:R) Long term positional target @ 180 (380% ROI with 19 R:R) Stop loss @ 30 As always, do your own due diligence before taking any action. Peace!!
NSE:MARKSANSLong
by Swastik24
MARKSANS - (Study) :: Trendline, FIB and Bull Flag levels/ ** MARKSANS - (Study) :: Trendline, FIB and Bull Flag levels ------------------------------------------------------------------- Entry @75+ and/or 82+.. BULLISH if, price sustains 75+ level and 80+ level, in 4Hr+ time. StopLoss 66 BEARISH if, price breaks FIB 61.8 (<67) and breaks Major Bull flag .. Technicals: ------------------ - Long term UP trend is intact (Green Line). - On 23rd Aug & 21st Sep21: : : Price bounced from Major & Minor Bull Flag Support . : : buying pressure seen near FIB 61.8 Level on these (and many past) occasions. Targets -------- Gets Bigger on every resistance levels break... So,, Trail your S/L for maximum profits. Current Fundamentals: ---------------------------- - High ROCE share in low to medium valuation - Good profit and margins in the last one year. Caution : Smallcap stock... Prefer to allocate around 5% of your capital. And please consult your financial advisor to know more about the share market and the risks associated with buying / selling shares. **/
NSE:MARKSANSLong
by rkvsenthil
2