Mankind Pharma - Breakout out of Falling Wedge Pattern

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Mankind Pharma is one of the 4 largest Pharma from domestic market perspective. It has fallen 30% from peak price, but has recently given BO from fallen wedge pattern. This looks a great stock:

1. 4 brands are having top market share and growing
2. First Co. to make oral anti-obesity medicine
3. Acquisition of BSV has made a very strong hold in women healthcare
4. Best YoY results with rising EPS

Technically also, Pharma sector looking strong and especially top 5 Indian Pharma Industry companies which includes Mankind Pharma.

Keep this in your radar.

Keep following Cleaneasycharts as we prvoide Right Stock at Right Time at Right Price!!

Cheers!!

Penafian

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