Double bottom @ 26.30 Lower high for last 3 day but not breaking low Bullish if Break Prev Day High with strong bullish candle
Please note this is for education purpose only. Please do own research before you take a trade.
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 ...
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades (high momentum stocks) at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the...
thee is a triangle breakout , instead the entire market is falling... this stock has given 10% move in morning one hour...to most important thing is triangle pattern works
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...
Special Pick - Morepen Lab for High Risk Takers.. Fundamentals : Strong, Fairly valued, Growing EPS, Reserve ! Promoters and FII loaded trucks.. Technicals : Bullish, shown reversal at strong support technically and broken declined triangle and 50 DMA.. Target 1: 36 Target 2: 42 Target 3: 50 Stop Loss : 25
Its on previous Resistance Now Became support and also retracement @ 61.8% of previous impulse wave
buy at 39.50 target 42 stop loss 37. Today 21 st july 2022, looks like it will reach these levels in tomorrow or in the next week so if it dosent go up after 1 week i will try to exit. Never put all money in one stock. Follow trading rules.
Good risk reward with small srtop loss Break out after long consolidation
The share seems to have given a breakout on 200 EMA and now taking crucial support at it. There has been an increase in Volumes since the past week which strengthen the uptrend. RSI is also in line with the trend. Results are due on 05th May, if it turns out to be positive, the rally may go beyond the short-medium target of 60/- and touch the heavy resistance...
Ready for action, price closing above all resistance Above view only for educational purpose
Morepen can be trade for Rs 52 and Rs72 Targets. It has taken support of 610SMA and is going to break ATH.
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
Price gave strong rejection by key zone and printed strong candle. Looking good for swing entry. Analysis and levels mentioned over chart.
MOREPENLAN took support on the day chart at the same level where it made a low on 24th Feb 2022. Might form a double bottom pattern.
Fell because of poor result set Right at the support now SL - 46 (DCB) Targets - 53, 60 Little risky since there is no sign of recovery found in chart Risk Reward is favourable so one can buy with small SL
for educational purpose only before trade do your own analysis....1111