Morepen Laboratories
BSE: 500288 | NSE: MOREPENLAB | SECTOR: PHARMACEUTICALS
LTP 29.5
1.Stock is Trading near its 8 year high.
2.Stock corrected frm 42 to 20 and taken support of 200 Avg.
3.Stock Given Small Bullish Ascending Triangle Breakout.
4. Short-term If stock is able to Hold 23 level We cn test again 42.
Buy in dips till 27/26 SL 23CB Target 62/123++
TimeFrame-2/4 year
Or You Can Hold till stock Not Close below 200SMA. Use 200SMA as a Tsl. Target can be bigger 300++
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BSE: 500288 | NSE: MOREPENLAB | SECTOR: PHARMACEUTICALS
LTP 29.5
1.Stock is Trading near its 8 year high.
2.Stock corrected frm 42 to 20 and taken support of 200 Avg.
3.Stock Given Small Bullish Ascending Triangle Breakout.
4. Short-term If stock is able to Hold 23 level We cn test again 42.
Buy in dips till 27/26 SL 23CB Target 62/123++
TimeFrame-2/4 year
Or You Can Hold till stock Not Close below 200SMA. Use 200SMA as a Tsl. Target can be bigger 300++
For Online/Offline Technical Analysis Training Cont stockstudy8@gmail.com