MOREPEN LAB is consistently making HLs, which is a healthy sign in an uptrend.
ADD more if it comes near 40-38 range. Target: 60-71-80-90-105-115-130
NOTE: I'm not a SEBI REG. Study before investing.
reviewing NSE:MOREPENLAB
chart posted on 20th August 2023 when the price was 38
now it has made a high of 53.
40% gains till now and more to come
immediate 1st target will be 75
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is...
MOREPENLAB Prediction for Swing/ Positional Trading
You can entry into trade above Break out level 42. CMP is 43.45 It can retest the BO level or can down more. You can buy more at that time or trade according to your experience.
Sls- according to you RRR.
Targets-45.5,48,50,54,59,64,68,73,78,82,87,92,96,101,…,… (more will be updated later if need...
MOREPEN LABORATORIES posted on 22.12.2022 ABOVE 38.20 TARGET 40.20 and TARGET HIT on 23.12.2022 Stock made a high of 43.70 and closed at 42.65.
New Target for 26.12.2022
Stock ABOVE 44 TARGET 46.
Though DII been in selling spree but DII Buying had been highly to be noted
DATE FII ...
MOREPEN LABORATORIES as per Daily Chart Analysis Stock ABOVE 38.20 TARGET 40.20.
Irrespective of consecutive 3 days market in red but today FII Net Buying at 928.63 Cr and DII Net Buying at 2206.59 Cr.
However Spike in Corona Virus with new variant should be watched out next week sessions for the market movement.
Pharma and Diagnostics Stocks may see some sharp...
MOREPEN LABORATORIES
Stock at good support and Seems started Uptrend
Can be buy at CMP or above 44.5 levels
for short term targets of 47 & 51.5
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Please Like & Follow
Morepen labs seems to be a BO candidate on daily chart, RSI is just close 60 & seem sshowing divergence, volumes look decent, have been consolidating since June-July, Keep on radar.
Disc; Invested: Not a reco to buy or selff
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
