Morpen Laboratories Ltd -Multiple BO
#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 .
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.