MARKSANS PHARMA LTD
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#LONG on MARKSANS PHARMA; Broke out Multi-year ascending channel

MARKSANS was trading within an ascending channel since Nov '2005.

It broke out from the channel in the ongoing month of Nov '23 forming a large bullish candle on a monthly time frame, rising approximately 51%.

The Stock rose nearly 11.88% today hitting an All Time High of 165.
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ملاحظة
Ready for some momentum!
ملاحظة
strong performance in FY24 in terms of both revenue and profitability.However, the stock has run up more than 100% in last one year. Today's correction indicates results did not meat market expectations of growth.

Good bet for long term, but it may face correction of about 15-20% in short term.
ملاحظة
Target 1 approaching...
ملاحظة
Target 1 achieved on 28 Aug '24 !!
أغلقت الصفقة: تم الوصول للهدف
All targets reached on 02 Dec'24 !!!

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