Marksans pharma has been showing good volumes spikes after 3 years.
Fundamentally nothing extraordinary about it. But technical structure is bullish, very bullish.
Trading above all Key EMA's.
RSI Has shown negative divergence, so expecting a pullback to 76.5-77.5 levels to take long position.
If somehow it comes to test its strong breakout levels of around 65-69 then a definite long position to be made.
It has full potential to achieve 95 / 105 levels from here.
***DO YOUR OWN ANALYSIS, I AM NOT RESPONSIBLE FOR YOUR FINANCIAL MOVEMENTS***
Fundamentally nothing extraordinary about it. But technical structure is bullish, very bullish.
Trading above all Key EMA's.
RSI Has shown negative divergence, so expecting a pullback to 76.5-77.5 levels to take long position.
If somehow it comes to test its strong breakout levels of around 65-69 then a definite long position to be made.
It has full potential to achieve 95 / 105 levels from here.
***DO YOUR OWN ANALYSIS, I AM NOT RESPONSIBLE FOR YOUR FINANCIAL MOVEMENTS***