More pen Lab has formed CUP AND HANDLE pattern on the Daily charts and has given a breakout with good volumes.
A cup and handle price pattern resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal signalling an uptrend.
Morepen Labs is trading above its 11 & 22 day EMA. RSI is at 73 and MACD is well above zero line signalling positive momentum.
CMP- Rs. 66
Target Price- Rs.90 ( 35%)
SL - 62
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
A cup and handle price pattern resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal signalling an uptrend.
Morepen Labs is trading above its 11 & 22 day EMA. RSI is at 73 and MACD is well above zero line signalling positive momentum.
CMP- Rs. 66
Target Price- Rs.90 ( 35%)
SL - 62
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.