Dr Morepen 2 Nov 24Price seems to be at a 3rd Wave in Monthly Monthly MC Monthly Upper BB Challenged Weekly MACD is showing a down tick as of now. Daily we see a Bullish RD from 14th Aug Hourly Inv H&SLong03:32by piyushru5
Morepen Lab approaching Multiyear ( 9yrs) resistanceMorepen Lab approaching Multiyear ( 9yrs) resistance Longby praveengeddam2
MOREPEN Bullish!Stock is in uptrend. Forming higher highs. Red line - stop loss Green Lines - target If reversal is seen it is good to enter. Longby RatthegreatUpdated 5
MOREPEN LAB potential breakout - Strong prior uptrend. - Taking support at 9ema - Price trading in a narrow range. - Volume contraction. - Strong sector. - High relative strength.Longby IndianTrader016
MOREPENLAB - Bullish oNStock name - Morepen Laboratories. ✅#MOREPENLAB ✅Next resistance 88 ✅Moved 63% in 35 weeks. Weekly chart Chart is self explanatory everything. Master score - B Disclaimer : This is for demonstration and education purpose only. This is not buying and selling recommendation. I'm not SEBI registered.Longby tanwartarun50119
MOREPEN LAB - 3 YEARS OF ROUND BOTTOM BREAKOUT3 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 responsible for any profit/loss you made.Longby Jagadheesh_JP18
below 100 stockMorepen 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%, increasing institutional holding Longby investigationofchart0
MOREPENLAB1. Anything can happen. 2. You don't need to know what is going to happen next in order to make money. 3. There is a random distribution between wins and losses for any given set of variables that define an edge. No other thoughts 4. An edge is nothing more than an indication of a higher probability of one thing happening over another. 5. Every moment in the market is unique. Longby IITIAN_TRADER4
Morepen Laboratories Trading IdeaIntroduction Morepen Laboratories Ltd. engages in the business of manufacturing bulk drugs, intermediates, and medical devices; and business of formulation. It operates through the following geographical segments: the United States of America, Rest of World, and India. Observation Stock Trade all the Ema making rounding bottom after a rejection from 72 level in 2021. now it is trying to breakout the same level once it breakout and sustain above 72 level no one can stop this stock to reach my levels which is 120. on weekly chart you'll see a gap up open marubozu candlestick stock look strong on all the TF. Get the inside scoop! Read the rest of the article on our blog 👆 Longby SHEHBAZ_KHAN2210
Rising Wedge breakoutGood volume buildup in daily as well as in weekly timeframe. Highest ever volume buildup in this stock since its IPO. Rising wedge pattern breakout with good volume. Fundamentals are good. FII & DII stakes are up. NOTE: I do my analysis, do your before trade.Longby GreyandWise4
Morepen labsMorepen labs coming for breakout after various fibo levels on daily and weekly basis must buy above 62Longby JSSPRK448
14 year old trendline breakoutBreakout of 14 year old trendline with good volume. Retest also done on the same zone. Fundamentals are good. NOTE: I do my analysis, do yours before trade.Longby GreyandWise2
Morpen Laboratories Swing Trade Opportunity with Gain Tgt 49% ### Recommendation: Morpen Laboratories - **Type of Trade**: Swing Trade - **Entry Price**: Above 57 - **Short-term Stop Loss**: 52 - **WCB Targets**: 60, 71, 75, 85 - **Long-term Stop Loss**: 42 **Fundamentals of Morpen Laboratories**: Morpen Laboratories is a well-established pharmaceutical company with a strong presence in the Indian market. It specializes in the production of active pharmaceutical ingredients (APIs), formulations, and diagnostics. The company has a robust pipeline of products and has been expanding its market reach through strategic partnerships and new product launches. Recent financial reports indicate steady revenue growth and profitability. **Disclaimer**: I am not SEBI registered. Consult your financial advisor before making any investment decisions.Longby TRADERSMONK0710
Be ready for upmove in Dr. Morepen LabsHello 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.Longby Hobbytopassion_ManishJainUpdated 3
Morepen: or less pain?Forming a Cup and handle kind of structure, need to close above 58 to confirm the pattern, once closes above 58, it may sprint to get a 50% height.Longby rks251951
MOREPENLAB 52.50 TGT 67 #STOCKS #Trade #investMOREPENLAB 52.50 TGT 67 approx 30% SL 46 TF < 6M Can hold for longer term If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit SethiaLongby Rachit_Sethia7
Morepen: Burnol maker & Right wing In the past 10 years, one pharma company which has been in the midst of right wing discussion has been Gurgaon based Morepen Labs. It is into API, diagnostoc products and pain and acid reflux OTC medicines. But its known by its small revenue contributor - Burnol. Morepen is has become MorePain for the Left Liberals. Technically speaking it has shown higher volumes during election times and also has given 4x - 10x returns after the past two Lok sabha elections. Longby SWFguy1
Morepen: No More Pain ( but initial target 66)Its a Great Pre election Indicator 2014: returns 360% 2019: returns. 180% 2024: Predicted 90% ! P.S: It makes BurnolLongby SWFguy117
Morepen: Less Pain? Good risk reward ratio, Continuous pattern break out...1st target - 55, 2nd - 60, third target 75, this is short to med term. for long term the counter look brightLongby rks251951