MOREPEN LABORATORI MOREPENLAB

tanya151181

The stock is trying to reverse from the support region and looks good positionally above 52.5 level for target of 55 and 59.5 respectively. Learn & earn, Dr. Tanya Kumar

shreylm20

Taking out the recent high of the box can give the following green targets.

koolsudarshan1008

Morepen lab with good quarterly result, making triangle pattern in weekly chart. wait for breakout and retest on red line.

mohanrajgor01

Morepenlab At support level .... chance to pullback this level...

rakeyshrajput

Morepen Lab perfectly moving in channel by taking support at lower trendline. It's a BUY for short term with Target of Rs. 65 with SL of Rs. 53. NSE:MOREPENLAB

TradingWithRahul

A breakout of the Inverse H&S pattern has occurred with good volumes. Can be bought for a target of 65-66. CMP-59.5. Target is calculated using the height of the head. SL will be 55 on a closing basis. A good 14-15% swing opportunity. HIT the like button if you liked my analysis and do FOLLOW for more ideas.

maaz228

All trade ideas provided are the opinions of the publisher and should not in any way be considered as financial advice. Please do your own research and consult your advisor before investing in stock markets.

InvestSun

Technical: 1)Breakout from Stage I - Consolidation zone after 19 years with good Volumes. 2)Breakout Retest with Volume dry-up. 3)Reversing from 61.80% Fibonacci Retracement. Fundamental: 1)Posting good Quarterly as well as YoY results. 2)Substantial increase in ROCE. 3)Reduced its Debt and approaching Debt free. 4)Positive Cash Flow. Excellent Stock to look forward to!!

GtwoRath

above 57.65 target 69 - 82 -92 support at 53.55 - 46.45 - 39.7

Prakhar_Rai

Buy according to your risk with stoploss of (46.85) for given targets. Also analysis on your own. Happy Trading !

Azharks

Morepen Laboratories Limited - Trendline breakout & Retested StopLoss below the trendline Target 1 @ 72 Target 2 @ 98

albnsecurities

MOREPENLAB now in breakout point...once its break free fall will expect...else its break 57 rally will start

raiyyan-shibly

As you can see in this chart History price pattern repeating itself. But little bit changes in structure size. That's why we have to analize charts in different Time Frame. So that we can use as structure-trade It is for only education purpose. If you like this Follow & Like to get updates. Do Self technical analysis before investing.

raiyyan-shibly

As you can see in this chart History price pattern repeating itself. But little bit changes in structure size. That's why we have to analize charts in different Time Frame.So that we can use as structure-trade It is for only education purpose. If you like this Follow & Like to get updates. . Do Self technical analysis before investing.

PrasantaP

Made a inverted head & shoulder chart pattern in Monthly time frame .I am not surprised if price reach to 200 in near future . View invalid if price close below 35.00

TradingWithRahul

1) Bouncing from support 2) Morning star pattern - Sign of reversal Got 2 confirmation signs of reversal for a conviction to our entry. Can be bought at CMP(56.55) for a target of 62. SL will be 52.8 on a closing basis. HIT the like button if you liked my analysis and do FOLLOW for regular swing trading ideas.

SWFguy

21x in 7 years !! Pharma companies on the rise, so is this small pharma company with an household product. Claim to fame : Burnol Maker.

ka4mic

I have used SMA 44, Simple Support and Resistance tools and Trend Based Fibonacci Extension to do Technical Analysis of NSE:MOREPENLAB Trend : SMA 44 and SMA 200 is Rising. So its an Advancing Trend. Area of Value: It is observed that the Price always takes support near SMA 44. So Price near SMA44 is a good Area of Value. Entry: Since Rs. 64.75 is...