Highlights & Chart Patterns of Morepen Laboratories Ltd.
Strong price drop. Caution keep a Tab on volume.
Candlestick pattern Bearish Engulfing formed , but volume or other trend not very supportive
Long Term Support Line, Bottom Points : 24.35/24-Mar-23 00:00 23.85/30-Sep-22 00:00
Long Term Support Line, Bottom Points : 24.35/24-Mar-23 00:00 23.85/30-Sep-22 00:00
Short Term Lower High and Lower Lows , Top Points :25.6/23-Mar-23 00:00 26.55/06-Mar-23 00:00 28.4/10-Feb-23 00:00 42.65/23-Dec-22 00:00 , Bottom Points : 24.35/24-Mar-23 00:00 26.9/14-Feb-23 00:00 35.25/03-Jan-23 00:00
Negative Breakout
Share Price History of Morepen Laboratories Ltd.
Date
Open
High
Low
Close
Volume
24-Mar-23
25.80
25.85
24.00
24.35
1958 K
23-Mar-23
25.20
26.90
25.05
25.60
4835 K
22-Mar-23
25.00
25.40
24.80
25.10
864 K
21-Mar-23
25.20
25.65
24.85
25.00
1001 K
20-Mar-23
25.10
25.40
24.70
25.10
1093 K
17-Mar-23
24.75
25.50
24.65
24.95
971 K
16-Mar-23
24.65
25.10
24.10
24.75
1038 K
15-Mar-23
25.05
25.20
24.55
24.80
772 K
14-Mar-23
25.15
25.40
24.65
24.85
1439 K
13-Mar-23
26.45
26.45
25.10
25.20
1632 K
About Morepen Laboratories Limited
Morepen Laboratories Limited operates as a pharmaceutical and healthcare products company in India. The company manufactures active pharmaceutical ingredients (APIs), home diagnostics, formulations, and over the counter products. The company offers APIs for anti-histaminic, anti-asthmatic, anti-lipemic, anti-hypertensive, anti-diabetic drugs, anti- coagulant, anti-gout, and anti- malarial drugs; and home diagnostic products, such as air purifiers, sphygmomanometer, thermometers, stethoscopes, blood pressure monitors, pulse-oximeters, nebulizers, glucometers, blood glucose test strips, and heat belt. It also provides Burnol, first degree/minor burns cream; Fiber-X, a sat isabgol; fever X for fever; Pain X for pain; Acidity X for acidity; and formulations for nutrition and probiotics, gastroenterology, antibiotics, gynecology, anti- allergic, and central nervous system, as well as cardiology, diabetology, and nutraceuticals. The company offers its over-the-counter products under the Dr. Morepen brand. It also exports its products. Morepen Laboratories Limited was incorporated in 1984 and is based in Gurugram, India.
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