raigvivek

Short & Medium Term Trading Idea in MRPL for > 20% Upside

Long
raigvivek Updated   
NSE:MRPL   MANGALORE REF &PET
Hi,

MRPL has given a Bullish Flag Breakout on Daily charts with very good volume.
MRPL has given a Bullish Inverted Head & Shoulder Breakout on Daily charts with very good volume.

MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.

In the current market scenario, I am expecting that the bullish momentum will continue.

Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.


Don't Forget to Follow me to get all the updates.

Please share your feedback or any queries on the study.

Disclaimer: Please consult your financial advisor before making any investment decision.
Trade active:
Stop Loss triggered in Daily Chart Pattern Breakout.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.