Marksans Pharma is Good for Longterm Buying.Marksans Pharma has a Good Fundamental Structure,
Price is trading near its Book Value.
Company has a good Cash Flow in its hands.
One Can Long Marksans Pharma for the Target of 135.
You will Never Regret it.
Go and Buy this Stocks. Paisa Banake Degi Company.
MARKSANS trade ideas
A major pattern failure in this one indicates a very good upsideAs the charts show,
- Weekly head and shoulder pattern failure.
- A major downtrend got reversed from a gap which happened on Monday(a very important thing to look out).
- 45% up after taking the support of the gap.
- Very strong daily close today.
- Start the accumulation now for great upside from 65 and up levels.
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!!
MARKSANSPHARMA - READY FOR WAVE 5 - ELLIOT WAVE ANALYSISMARKSANS PHARMA - After forming a double zig - zag, It is now ready for wave 5. Keep an eye, it may come for the price range between 49 to 52. That would be a great risk reward ratio to enter. Invest wisely.
-Definitely not SEBI - Registered. So, this is only for educational purpose.
MARKSANS Pharma: MultiBagger: LowPE=10Fundamentals:
- One of the cheapest Pharma stock (PE 10)
- Zero Debt. Clean Balance Sheet. Good cash reserves.
- Well known Promoter family.
- OrbiMed backing
Techincals:
- Limited downside from these levels.
- At fib 0.5
- Pharma Index on the recovery path
- channel support
Take your own risk. Disclaimer: invested.
MARKSANS - (Study) :: Trendline, FIB and Bull Flag levels/ **
MARKSANS - (Study) :: Trendline, FIB and Bull Flag levels
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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:
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- 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
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Gets Bigger on every resistance levels break...
So,, Trail your S/L for maximum profits.
Current Fundamentals:
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- 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.
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