Mayur_Undale

Marksans Pharma_Buy call for a target of 16% profit

Long
NSE:MARKSANS   MARKSANS PHARMA LTD
Date: 04 Aug 2020
Marksans Pharma (CMP: 41.60)
Ascending Triangle Pattern formation with MACD breakout and strong RSI signals.
Fundamentally its a good company with strong growth in YoY quarterly profit and sales. Virtually debt free company.
Target 48.50. Profit potential 16%.
T1-42.50, T2- 45.50, T3- 48.50; SL- 36.50
Trade active: T1 achieved
Trade active: T2 achieved
Trade closed: target reached: T3 achieved. All targets reached.