MARI Analysis- Long Trade13/4/25
TF 1D/3H
Ph D complete
Buying1 660-690
Buying2 btw 720-740 after second BO
TP 890
SL below 620
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
58.53 PKR
77.29 B PKR
181.83 B PKR
224.89 M
About MARI PETROLEUM COMPANY LTD
Sector
Industry
CEO
Faheem Haider
Website
Headquarters
Islamabad
Founded
1984
ISIN
PK0066301018
FIGI
BBG000GN6ZS7
Mari Energies Ltd. is engaged in the exploration, development, and production of hydrocarbon potentials, which includes natural gas, crude oil, condensate and LPG. The company was founded on December 4, 1984 and is headquartered in Islamabad, Pakistan.
Play on Levelsas discussed in Yesterday's Video, 720
is the resistance level. it resisted exactly from
this level.
Now Support lies around 700 - 702 & then
around 677 - 679
If 725 is Crossed with Good Volumes, we may witness
800.
MARI PROBABLY IN WAVE '' 4 '' ( TEAL COLOR )- LONGThis is in continuation to our ongoing tracking of MARI C or 3 wave structure.
If the wave count is correct then we are in wave 4 of wave C or 3 which will most probably reach 661 - 627 range near which I've marked the buy zone. Trading wave 5 is a little tricky because there are multiple factors a
MARI PROBABLY IN WAVE '' C '' OF CORRECTION - SHORTThis is in continuation to our ongoing tracking of MARI.
Since prices moved down giving confidence to our bearish wave count, we are taking a small position by short selling. They are several possibilities at hand therefore we will trade this setup with cautious using trailing stop loss until we re
MARI - ProjectionsProjections 1000+ PKR
AB = CD
MARI made a correction at 0.618 Fib, of Last AB Wave.
Play on LevelsMonthly Support is around 640 - 674.
Monthly Resistance is around 702.
Closing above this level may expose
levels around 750 - 755 & then around 780.
This time breaking 620 will bring more
Selling pressure towards 575-578.
Bullish on Weekly & Monthly TF.
MARI PROBABLY IN WAVE '' 4 '' - LONGThis is in continuation to our ongoing tracking of MARI C or 3 wave structure.
If the wave count is correct then we are in the 4th wave of a bigger C or 3 wave, as wave 4 can be any corrective patterns it is hard to predict them. They can be sharp or complex and can be frustrating at times.Currentl
Still BullishImportant to Sustain 675 - 680 to Reach
upside towards 700 - 725.
However, Immediate Support seems to be
around 630 - 633; and in Extreme case, it may touch
596 - 612.
Mari-Nears Key Support – Potential Rebound Ahead?" ANSWER : YES
The price is approaching this trendline support, indicating a potential upward trend over time.
MARI ENERGYMARI Stock Analysis:
- *Bullish Movement:* MARI is showing a bullish movement.
- *Buying Opportunity:* Any weakness in the stock price is a buying opportunity, especially for new buyers.
- *Buying Range:* 600-580
- *Target Levels:*
- Initial target: 670
- Final target: 720
- *Stop Loss Strategy:* U
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related stocks
Frequently Asked Questions
The current price of MARI is 673.93 PKR — it has decreased by −0.42% in the past 24 hours. Watch MARI PETROLEUM COMPANY LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on PSX exchange MARI PETROLEUM COMPANY LTD stocks are traded under the ticker MARI.
MARI stock has risen by 1.66% compared to the previous week, the month change is a 16.29% rise, over the last year MARI PETROLEUM COMPANY LTD has showed a 131.33% increase.
MARI reached its all-time high on Dec 16, 2024 with the price of 900.23 PKR, and its all-time low was 0.28 PKR and was reached on Apr 2, 2004. View more price dynamics on MARI chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
MARI stock is 1.57% volatile and has beta coefficient of 2.02. Track MARI PETROLEUM COMPANY LTD stock price on the chart and check out the list of the most volatile stocks — is MARI PETROLEUM COMPANY LTD there?
Today MARI PETROLEUM COMPANY LTD has the market capitalization of 813.83 B, it has decreased by −5.38% over the last week.
Yes, you can track MARI PETROLEUM COMPANY LTD financials in yearly and quarterly reports right on TradingView.
MARI PETROLEUM COMPANY LTD is going to release the next earnings report on May 28, 2025. Keep track of upcoming events with our Earnings Calendar.
MARI net income for the last quarter is 11.27 B PKR, while the quarter before that showed 19.23 B PKR of net income which accounts for −41.41% change. Track more MARI PETROLEUM COMPANY LTD financial stats to get the full picture.
MARI PETROLEUM COMPANY LTD dividend yield was 37.46% in 2024, and payout ratio reached 175.37%. The year before the numbers were 9.71% and 34.94% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 15, 2025, the company has 1.65 K employees. See our rating of the largest employees — is MARI PETROLEUM COMPANY LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MARI PETROLEUM COMPANY LTD EBITDA is 99.47 B PKR, and current EBITDA margin is 64.99%. See more stats in MARI PETROLEUM COMPANY LTD financial statements.
Like other stocks, MARI shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MARI PETROLEUM COMPANY LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MARI PETROLEUM COMPANY LTD technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MARI PETROLEUM COMPANY LTD stock shows the buy signal. See more of MARI PETROLEUM COMPANY LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.