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Stock analysis Marksans Pharma Limited MARKSANS

More indepth analysis on MunafaSutra.com

Moving Averages for Marksans Pharma Limited

  • 5Day Average: 278.71
  • 12Day Average: 288.57
  • 20Day Average: 297.5
  • 50Day Average: 309.07
  • 100Day Average: 291.87
  • 150Day Average: 257.27
  • 200Day Average: 233.47

MARKSANS Indicators & signals

Indicator MACD (12,26,9)

287.32, 297.69, -6.94
Indicator MACD is in negative zone

Indicator ADX (14)

46.18, 12.17, 33.06
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
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
10 Fri Jan 2025 260.50 259.50 to 274.00 -5.26% 2.11 times
09 Thu Jan 2025 274.95 273.55 to 284.65 -2.86% 0.9 times
08 Wed Jan 2025 283.05 281.25 to 295.40 -2.21% 0.8 times
07 Tue Jan 2025 289.45 281.20 to 293.35 1.35% 0.98 times
06 Mon Jan 2025 285.60 282.30 to 300.95 -4.13% 1.27 times
03 Fri Jan 2025 297.90 296.30 to 303.00 -0.17% 0.71 times
02 Thu Jan 2025 298.40 297.00 to 306.90 -2.05% 0.91 times
01 Wed Jan 2025 304.65 296.65 to 308.00 2.7% 1.08 times
31 Tue Dec 2024 296.65 285.40 to 298.65 3.08% 1.37 times
30 Mon Dec 2024 287.80 285.40 to 295.50 -2.01% 1.16 times
27 Fri Dec 2024 293.70 290.00 to 296.80 1.21% 0.82 times
26 Thu Dec 2024 290.20 288.70 to 299.40 -1.19% 0.99 times

Technical analysis forecast for Marksans Pharma Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Marksans Pharma Limited MARKSANS at this time. Stock is falling and might fall more.

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

Stock of Marksans Pharma Limited (MARKSANS) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for Marksans Pharma Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 259.8, for a target of 278.7 or 294.53

More indepth analysis on MunafaSutra.com