Get started
Morepen Laboratories LimitedMorepen Laboratories LimitedMorepen Laboratories Limited

Morepen Laboratories Limited

No trades
See on Supercharts
OverviewFinancialsNewsIdeasMindsTechnicalsSeasonalsETFs

Trade ideas

Morepen: Burnol maker & Right wing In the past 10 years, one pharma company which has been in the midst of right wing discussion has been Gurgaon based Morepen Labs. It is into API, diagnostoc products and pain and acid reflux OTC medicines. But its known by its small revenue contributor - Burnol. Morepen is has become MorePain for the Left Liberals. Technically speaking it has shown higher volumes during election times and also has given 4x - 10x returns after the past two Lok sabha elections.
NSE:MOREPENLABLong
by SWFguy
MOREPEN LONGOver here we can see that the stock is coming out of a well respected weekly Fairvalue gap made near support levels also - increasing conviction. TP1 is quite near however the final target is also placed on the chart for anyone to be guided. I have not attached a Stop loss here the market conditions right now are volatile, however please do manage your risk properly and have a strict stop loss upto your risk management plan. This is not a buy sell reco. Furthermore, the stock is making a bullish HH and LH structure indicating a bullish trend for the stock. The fundamentals are also strong and over all seems like a higher probability trade. This is not a buy sell reco NSE:MOREPENLAB
NSE:MOREPENLABLong
by dheerender46
#MorepenLab #pharma #cnxpharma #cipla #lupin #sunpharma #sparc#MOREPENLAB NSE: MOREPENLAB CMP 31.70 Target 42+ SL 27.5 RR >2.5 times Return > 30% Timeframe < 6M NSE:MOREPENLAB Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:MOREPENLABLong
by Rachit_Sethia