#MOREPENLAB
CMP ₹.49.2/-
Date : 23-12-2023
Morepen Laboratories Ltd , a pharmaceutical company,now in its 52 week high today. A zero promoter pledge company with low debt. Revenue and profit increasing for last two quarters. Now in a turnaround phase , both fundamentally and technically. Robust recovery from it's 52 week low. Technically looking good with multiple breakouts. Retesting it's 2 year long & 6 months resistance trend line now . A cup & handle Bo is also sensing in the chart. Movement above 52 - 55 can lead to a bo confirmation and can expect a further more movement towards 70 stoploss @₹.45/-
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
CMP ₹.49.2/-
Date : 23-12-2023
Morepen Laboratories Ltd , a pharmaceutical company,now in its 52 week high today. A zero promoter pledge company with low debt. Revenue and profit increasing for last two quarters. Now in a turnaround phase , both fundamentally and technically. Robust recovery from it's 52 week low. Technically looking good with multiple breakouts. Retesting it's 2 year long & 6 months resistance trend line now . A cup & handle Bo is also sensing in the chart. Movement above 52 - 55 can lead to a bo confirmation and can expect a further more movement towards 70 stoploss @₹.45/-
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.