Date: 04 Aug 2020 MarksansPharma (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 closed: target reached:
T3 achieved. All targets reached.