This stock had been a BO after a good move now made a flag and pol PATTERN and given a BO now 1:1 1:2 1:3 RR Achievable. Its just a my setup let me know about it in the comment section. DISCLIMER: Its not a call before investing take an advice from your financial adviser.
Mangalum Drugs seems to be ending it's downtrend. A close above the UTL could signal the start of the new impulse. It's likely that this impulse would lead it to new highs.
The wave 2 correction in Mangalam Drugs seems to have become a bit complex. Now it appears to be at a structural support. Also there is 61% Fib support. So it's likely that the up move could start. Any move below wave 1 low would negate this setup.