A technical trade weekly TFAlmost 17 yrs consolidation breakout and retested the support....Sl below 137 closing basis....Target 254.....only for educational purposes and not any recommendation.....Longby Prakash_Patil23012
MRPL - 45% down from its topOne of the follower has requested for the analyses of MRPL, hence publishing it, may be it would benefit remaining followers. All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts. Disc - Am not a SEBI registered analyst. Please do your own analyses before taking position. Details provided on chart is only for educational purposes and not a trading recommendation by Grow_YourCapital2
Technical Analysis of MRPL Start Buying & HoldTechnical Analysis of MRPL (MRPL1h) Key Observations from the Technical Point of View of the Chart: Price Action: MRPL is currently trading slightly above its 200-day EMA (Exponential Moving Average), which is a bullish indicator. The price has been consolidating in a range over the past few days. RSI (Relative Strength Index): The RSI is hovering near the neutral level of 50. This suggests that there is no strong bullish or bearish momentum at the moment. Volume: The volume appears to be relatively low, which could indicate a lack of interest or indecision among traders. Potential Scenarios: Breakout Above 200-Day EMA: If MRPL can break above the 200-day EMA with increasing volume, it could signal a bullish uptrend. Traders might look for a higher target, potentially around the previous highs. Pullback to Support: If the price retraces, the 200-day EMA could act as a support level. A pullback could provide a buying opportunity for those who missed the previous uptrend. Range-Bound Trading: If the volume remains low and the price continues to consolidate within the current range, it could indicate a period of indecision. Traders might wait for a clear breakout or breakdown before taking a position. Key Levels to Watch: Support: 200-day EMA (around 213.15) Resistance: The previous highs (around 224.36) Trading Strategies: Bullish Strategy: Buy if MRPL breaks above the 200-day EMA with increasing volume. Place a stop-loss below the recent low. Bearish Strategy: If the price breaks below the 200-day EMA with decreasing volume, consider selling. Place a stop-loss above the recent high. Remember: Technical analysis is just one tool in the investment toolkit. It's crucial to consider other factors, such as fundamental analysis, market news, and risk management, before making any investment decisions. Disclaimer: This analysis is based on the provided chart and technical indicators. It's essential to conduct thorough research and consider other factors before making any investment decisions. Do your own research before buying this stock because we are not responsible of your loss. I am not SEBI registered person to suggest any stock and this is my personal opinion about the stock only for practice and education purposes. Thanks for your support as alwaysLongby ForexTrader4all2
MRPL SYMMETRICAL TRIANGLE MRPL is formed Symmetrical Triangle Pattern and it is ready to start upmove. This is the best place to catch this trade the reason is that your SL will be very less of you catch the stock at support level. SL: Symmetrical Triangle bottom line break down. Disclaimer: Only for educational purpose.Longby TradeWithMe_0
MRPL - swing trade CMP - 242 Tgt - 257, 285 Sl - 225 This is not a recommendation on buy/sell. Please consult your financial advisor before any investment.by Vallabh6912
MRPL Breakout happend in this stock with rising 200dma. Keep your risk and reward ratios according to your own preferance. This is for educational purpose, do your own research before investing. Longby HV0906043
MRPL triangle breakoutShowing strength after consolidating for 95 trading sessions (almost 5 months), can move till 400.Longby feroz777773
MRPL DAILY CANDLE...25.06.2024MRPL forming inverse Head & Shoulder pattern ,so once its breaks will expect 260-280 in short term.(DYOR)by albnsecurities5
MRPL TARGETSMRPL, after reaching a low, is now back on track. Following the reduction in windfall tax, it is poised to reach its previous levels. The stock is currently in an uptrend and is expected to surpass its previous high this week. Targets and support levels are indicated in the chart.Longby k3103delhi1
MRPL, CMP 2051. Multi-year breakout 2. Long term investment 3. Do your research Longby simply_charts3
MRPLLooks Good on Chart. Volume Buildup followed by Consolidation. Good for Short term. Target 290 ,360 ... Do Like ,Comment , Follow for regular Updates... Keep Learning ,Keep Earning... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.by Vpktrades8
MRPLCMP 254 Sl 244 Targets 20% + Looks good for a swing ...good volumes seen ...tight action in last few days ..can a give a momentum burst .Longby ramsinghanianish4
Volume Breakout - Crossover Trade - MRPL📊 Script: MRPL 📊 Sector: Refineries 📊 Industry: Refineries Key highlights: 💡⚡ 📈 Script is trading at upper band of BB and giving breakout of it. 📈 MACD is giving crossover. 📈 Double Moving Averages are giving crossover. 📈 Stock is moving along with volume which indicates Volume Breakout. 📈 Script may give some profit booking initially because today stock was up by almost 11%. 📈 Right now RSI is around 65. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 248 🟢 Target 🎯🏆 - 280 ⚠️ Stoploss ☠️🚫 - 236 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁Longby radha_233319
Expected Upward momentum of 20% in MRPLMRPL has seen a good breakout on daily TF after almost a consolidation of 2 weeks with good volume on daily TF. The company has increased institutional investing and a healthy QoQ growth for the last 2 quarters to add to strength. Good for swing traders. Can hold for about 10 days. Entry - INR 238.5 (Trade Initiated) SL - (DL) - INR 230 TSL - According to your risk profile. Disclaimer: Please be advised that the information provided is not intended as financial advice. It is imperative to conduct thorough research before making any investment or trading decisions.Longby RokdevildivineUpdated 8
Manglore Refinery & Pet (MRPL) - Buy on Breakout or Wait for DipMangalore Refinery and Petrochemicals Limited, is a division of Oil and Natural Gas Corporation which is under the ownership of the Ministry of Petroleum and Natural Gas of the Government of India. Established in 1988, the refinery is located at Katipalla, north from the centre of Mangalore. Revenue: 86,161 crores INR (US$11 billion, 2022) Total assets: 40,071 crores INR (US$5.0 billion, 2022) Net income: 2,950 crores INR (US$370 million, 2022) Buy this stock above 220 As per previous chart history and technical analysis alongwith Fundamental inputs of the stock, it indicates that you can buy or hold your stock for minimum 30-50% profit in short term as per chart analysis. All major points are mentioned on the chart itself Do your own research because I am not SEBI registered person and this is my personal opinion about this stock Thanks for your support as alwaysLongby ForexTrader4all4
MRPLMRPL Monthly chart breakout buy on dip first target 250 & Second Target 350..Longby KanikaAJagota1
Mangalore Refinery And Petrochemicals LtdTarget Mentioned in chart with strict stoploss at 110 FUNDAMENTALS Market Cap ₹ 23,511 Cr. Current Price ₹ 134 High / Low ₹ 136 / 49.2 Stock P/E 6.21 Book Value ₹ 67.9 Dividend Yield 0.00 % ROCE 20.1 % ROE 31.1 % Face Value ₹ 10.0 Promoter holding 88.6 % EPS last year ₹ 15.0 EPS latest quarter ₹ 6.04 Debt ₹ 14,207 Cr. Pledged percentage 0.00 % Net CF ₹ 1.28 Cr. Price to Cash Flow 3.69 Free Cash Flow ₹ 5,662 Cr. Debt to equity 1.19 OPM last year 6.00 % OPM 5Year 3.50 % Reserves ₹ 10,154 Cr. Price to book value 1.97 Int Coverage 5.67 PEG Ratio 1.92 Price to Sales 0.25 Sales growth 3Years 28.8 % Return on assets 7.04 % Longby madhu281112
Swing Trading idea- MRPL Sure, let's break it down in simpler terms: "MRPL, which stands for Mangalore Refinery and Petrochemicals Limited, has been forming a rounding button pattern over the past 1.5 years. This pattern suggests that the stock has been consolidating, meaning it has been trading within a certain range. Now, based on this pattern, it seems like a good time to consider buying the stock, especially if its price goes above 130. The target prices to consider are 145, 164, 200, and 254. Stoplossbelow 98. One can buy accumulation basis as it can retest till 98 In simpler words, MRPL has been in a stable phase, and if it crosses the 130 mark, it might be a good idea to buy. The potential future prices to aim for are 145, 164, 200, and 254." Please note that investing in the stock market involves risks, and it's essential to do thorough research or consult with a financial advisor before making any investment decisions.Longby biplab868
Good level Mrpl is good leval it will be break the trend line and after retest complete now it might me continue rally good risk reward ratio for longby vishaltrading099Updated 332
MRPL - A stock to WatchThe stock up move was stopped by a "BC" bar. Then the stock was push down to the 50 DMA. Taking support from there the stock started to recover. Now seems to succeed in crossing above the the supply shadow of the "BC" bar in the second attempt. Money Flow and Buying Pressure were already positive . The Relative strength is also turning positive. A good close above 122 with volume support will take the stock to the next lap of the up Move up. A stock to watch.Longby karthikmarar14
💥MRPL💥-Nice Breakout💥MRPL💥-Nice Breakout Capital to be deployed- 20k Investing Price -107-110 Breakout Price -105 Stoploss-81 Targets-193 RT for max reach #mrpl #StocksToBuy #stocks #StocksToTrade #StocksInFocus #stockstowatch #StocksInNews #SwingTrading #BREAKOUTSTOCKSLongby Microcap_Investor11
MRPLMRPL LTD (1D) CMP 93 Cup and Handle Pattern breakout MCAP 16300.92 cr PE 17.09 INDUSTRY PE 16.24 PEG RATIO 3.04Longby Kenil_Rana11
MRPL Cup and handle MRPL has been on the watch list, the stock is ready to move higher with breaching above 93 into 3 digits Longby TristarTrading3