- Strong prior uptrend. - Taking support at 9ema - Price trading in a narrow range. - Volume contraction. - Strong sector. - High relative strength.
3 YEARS OF ROUND BOTTOM BREAKOUT FOR SWING TRADING NEW BUY PRICE : 75 SL : 50 (only for swing traders) TARGET : 95, 125 (65%) Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not...
Morepen Laboratories Ltd is engaged in the business of manufacturing, producing, developing and marketing a wide range of Active Pharmaceutical Ingredients (APIs), branded and generic formulations, and also home Home Health products trading at 52 week level cup with handle pattern breakput this month QIP rise and 200 crore QIP succusefully risen and hiked 10.6%,...
Hello Guys, Dr Morepen Labs is a nice small-cap stock and it has been showing consistent up-moves on higher time frames. The stock is trading below its 5-year average PE. Moreover, this is a debt-free company. Based on this quick techno fundamental analysis, I believe it can reach INR 60/- and INR 75/- in 6 months.
Morepen Lab - Multiyear Breakout retest. Long term investment opportunity.
Morepen lab has been consolidating for quite a long time near the breakout zone, if it breaks we can easliy achive 1:4-5 targets
Morepen lab stock is been in a range of 50 -70₹ Trading near a support level Good opportunity for swing traders I've used Fibonacci retrace level 1hr I'm not a sebi registered person kind enter on your own analysis Else analyse my chart
MOREPENLAB DAILY CHART 1. SYMMETRICAL TRIANGLE 2. CUP & HANDLE