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Stock analysis Marksans Pharma Limited MARKSANS

More indepth analysis on MunafaSutra.com

Moving Averages for Marksans Pharma Limited

  • 5Day Average: 315.24
  • 12Day Average: 307.47
  • 20Day Average: 298.54
  • 50Day Average: 293.41
  • 100Day Average: 254.73
  • 150Day Average: 223.85
  • 200Day Average: 206.92

MARKSANS Indicators & signals

Indicator MACD (12,26,9)

309.03, 299.09, 6.92
Indicator MACD is in positive zone

Indicator ADX (14)

48.96, 33.6, 11.51
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MARKSANS Marksans Pharma Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Tue Nov 2024 337.50 317.65 to 344.00 6.96% 2.93 times
25 Mon Nov 2024 315.55 310.00 to 318.80 2.24% 0.42 times
22 Fri Nov 2024 308.65 306.05 to 319.20 -0.16% 0.84 times
21 Thu Nov 2024 309.15 297.10 to 310.00 1.24% 0.55 times
19 Tue Nov 2024 305.35 303.00 to 314.90 -1.29% 0.43 times
18 Mon Nov 2024 309.35 303.50 to 316.00 0.34% 0.81 times
14 Thu Nov 2024 308.30 304.55 to 325.00 0.85% 1.67 times
13 Wed Nov 2024 305.70 298.30 to 318.00 1.73% 2.09 times
12 Tue Nov 2024 300.50 289.25 to 310.95 4.12% 1.93 times
11 Mon Nov 2024 288.60 284.40 to 298.25 -3.61% 0.59 times
08 Fri Nov 2024 299.40 292.00 to 309.70 -0.71% 0.67 times
07 Thu Nov 2024 301.55 292.75 to 305.55 1.75% 0.5 times

Technical analysis forecast of Marksans Pharma Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Marksans Pharma Limited MARKSANS at this time. Stock is rising and might rise more.

It appears as if Marksans Pharma Limited MARKSANS gave a large move recently.

Stock of Marksans Pharma Limited (MARKSANS) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

Although my analysis for Marksans Pharma Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 335.2, for a target of 317.4 or 302.58

More indepth analysis on MunafaSutra.com