Morepen Laboratories Share Price Target For Tomorrow, Next Week & Next Month
Morepen Laboratories Limited | |||
 | Price: ₹79.89 | ||
| 52 Week Low: ₹38.55 52 Week High: ₹100.90 | |||
| Market Capital: 4,057.59 Crore (Smallcap) | |||
| Healthcare -> Drug Manufacturers - Specialty & Generic | |||
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Morepen Laboratories Recent Performance
Over the past 36 trading days, the value of Morepen Laboratories's stock has lost ₹0.36 (-0.45%). On 23 Oct 2024, one share was worth ₹80.25 and by 20 Dec 2024, the value dropped to ₹79.89. During this period it created a highest high of ₹91.70 and lowest low of ₹72.80.
Morepen Laboratories Share Price Target - Tomorrow
| Level | Value | Analysis |
|---|---|---|
| Tomorrow Target 3 | 85.16 (+6.59%) | Price Action: 17 Dec 2024 Low |
| Tomorrow Target 2 | 84 (+5.14%) | Price Action: 19 Dec 2024 High |
| Tomorrow Target 1 | 83.05 (+3.95%) | Price Action: 08 Nov 2024 Low |
| Current Price | 79.89 | Morepen Laboratories's share price as of 20 Dec 2024 |
| Stop Loss 1 | 77.49 (-3.01%) | Price Action: Sep 2001 High |
| Stop Loss 2 | 76.61 (-4.11%) | Price Action: Jul 2001 Low |
| Stop Loss 3 | 75.7 (-5.25%) | Price Action: 26 Nov 2024 High |
Summary
20 Dec 2024: Morepen Laboratories finished the day at ₹79.89, losing ₹-3.36 (-4.04%) in 1 day.
Our analysis for tomorrow predicts a potential movement of -5.24% to 6.60% with:
- Target prices: ₹83.05 to ₹85.16
- Support levels: ₹77.49 to ₹75.7
- Recent high: ₹84.57
- Recent low: ₹79.06
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Morepen Laboratories Share Price Target - Next Week
| Level | Value | Analysis |
|---|---|---|
| Next Week Target 3 | 84.57 (+5.85%) | Price Action: 20 Dec 2024 High |
| Next Week Target 2 | 83.53 (+4.55%) | Price Action: 03 Dec 2024 Low |
| Next Week Target 1 | 82.35 (+3.07%) | Fibonacci Extension Level 23.60% |
| Current Price | 79.89 | Morepen Laboratories's share price as of 20 Dec 2024 |
| Stop Loss 1 | 79.26 (-0.79%) | Price Action: Sep 2024 Low |
| Stop Loss 2 | 78.25 (-2.06%) | Price Action: 29 Oct 2024 High |
| Stop Loss 3 | 77.09 (-3.51%) | Price Action: 23 Oct 2024 Low |
Weekly Target Summary
For next week, our analysis suggests a potential movement range of -3.50% to 5.86% with:
- Upper targets: ₹82.35 to ₹84.57
- Support levels: ₹79.26 to ₹77.09
Morepen Laboratories Share Price Target - Next Month
| Level | Value | Analysis |
|---|---|---|
| Next Month Target 3 | 86.06 (+7.72%) | Price Action: 06 Dec 2024 Low |
| Next Month Target 2 | 85.16 (+6.59%) | Price Action: 17 Dec 2024 Low |
| Next Month Target 1 | 84 (+5.14%) | Price Action: 19 Dec 2024 High |
| Current Price | 79.89 | Morepen Laboratories's share price as of 20 Dec 2024 |
| Stop Loss 1 | 79.06 (-1.04%) | Price Action: 20 Dec 2024 Low |
| Stop Loss 2 | 78.25 (-2.06%) | Price Action: 29 Oct 2024 High |
| Stop Loss 3 | 77.09 (-3.51%) | Price Action: 23 Oct 2024 Low |
Monthly Target Summary
Looking ahead to next month, technical analysis indicates:
- Potential price movement: -3.50% to 7.72% with:
- Target range: ₹84 to ₹86.06
- Support levels: ₹79.06 to ₹77.09
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
