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Mediumterm

Buy Morepen Laboratories - Long Term Positional CallI recommend to Buy Morepen Labs as a positional call for medium term. Charts of morepen labs shows that the stock is oversold in the market with unjustified pessimism. It's prime time to get into the morepen labs with targets of rs. 42.00 which can be seen within 12 months from now. It has created a Inverted Hammer Pattern which is a strong bullish reversal sign. While the fundamentals of the company are very strong as company has shown growth in bottom line. Strict stop loss must be placed at 18.00 If anyone interested in more such fundamental and technical calls please visit our website wp.me
NSE:MOREPENLABLong
by VivekAggarwal
Apollotyres,in wake of dynamic resistance and current scenario.Apollo Tyres in a really sweet spot at the moment,both technically and fundamentally. Technically is evident from chart. Fundamentally: Tyre manufacturing industry depends on mainly two raw materials. Synthetic and natural rubber. Natural rubber prices have been falling on account of prevailing risk of global trade war. Synthetic rubber is manufactured from crude oil. There have been some tensions regarding crude oil production and a general fear of Hike in crude oil prices which have now been mitigated as OPEC announced a Hike on Crude Oil production.
NSE:APOLLOTYRELong
by akshitgarg206