Technical Analyst, Prakash Gaba is of the view that Morepen Laboratories can touch Rs 45. It has given a good technical breakout at Rs 20 and again a fresh breakout at Rs 23 levels. So structurally it’s a good base formation. It’s a good stock and one must continue to hold on and maybe it will be a multi bagger from here.
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Morepen Laboratories can touch Rs 45: Gaba
Technical Analyst, Prakash Gaba is of the view that Morepen Laboratories can touch Rs 45. It has given a good technical breakout at Rs 20 and again a fresh breakout at Rs 23 levels. So structurally it’s a good base formation. It’s a good stock and one must continue to hold on and maybe it will be a multi bagger from here.
Like this story, share it with millions of investors on M3
Morepen Laboratories can touch Rs 45: Gaba
Technical Analyst, Prakash Gaba is of the view that Morepen Laboratories can touch Rs 45. It has given a good technical breakout at Rs 20 and again a fresh breakout at Rs 23 levels. So structurally it’s a good base formation. It’s a good stock and one must continue to hold on and maybe it will be a multi bagger from here.
Technical Analyst, Prakash Gaba is of the view that Morepen Laboratories can touch Rs 45. It has given a good technical breakout at Rs 20 and again a fresh breakout at Rs 23 levels. So structurally it’s a good base formation. It’s a good stock and one must continue to hold on and maybe it will be a multi bagger from here.
Gaba told CNBC-TV18, "Morepen Laboratories has given a good technical breakout at Rs 20 and again a fresh breakout at Rs 23 levels. So structurally it’s a good base formation. Minimum that I see is around Rs 45 coming in. So it’s a good stock and one must continue to hold on and maybe it will be a multi bagger from here. Rs 51 is also a possibility. I have this stock in my portfolio."
