I have used SMA 44, Simple Support and Resistance tools and Trend Based Fibonacci Extension to do Technical Analysis of 
MOREPENLAB
Trend : SMA 44 and SMA 200 is Rising. So its an Advancing Trend.
Area of Value: It is observed that the Price always takes support near SMA 44. So Price near SMA44 is a good Area of Value.
Entry: Since Rs. 64.75 is supported by SMA 44 and Support is being made here ( observe the Support blue line). Also RSI reverses from 47 into an uptrend. An Entry may be considered at Rs. 64.75.A
Target: Using Trend Based Fibonacci Extension, a Target of Rs. 79 is fixed.
Stop Loss : Stop loss should be fixed below the previous support. Using this method Stop Loss of Rs. 56/- is arrived at.
MOREPENLABTrend : SMA 44 and SMA 200 is Rising. So its an Advancing Trend.
Area of Value: It is observed that the Price always takes support near SMA 44. So Price near SMA44 is a good Area of Value.
Entry: Since Rs. 64.75 is supported by SMA 44 and Support is being made here ( observe the Support blue line). Also RSI reverses from 47 into an uptrend. An Entry may be considered at Rs. 64.75.A
Target: Using Trend Based Fibonacci Extension, a Target of Rs. 79 is fixed.
Stop Loss : Stop loss should be fixed below the previous support. Using this method Stop Loss of Rs. 56/- is arrived at.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.