1. MRPL seen trendline breakout on daily chart last closing candle with good volumn
2. consolidation seen at 68-73 level last few session and consecutive bottom formation seen around this level where breakout of consolidation also seen
3. stock can move to bullish since trix flow line also turn green and look for breakout above o line
4. positional long trede can initiate with good risk reward ratio buy at 75 level for target 80-90-100+ ( 1-2 month ) Stop loss bellow 65
5. this quarter performance is look inline and better as fundamental improves so price wise reflection can seen .
** THIS IDEA IS for Educational purpose ** trade at own risk !!
@mbbolla21, 2 indicators used , 21, 200 HMA, and another trix line cutome indicator, which confirm the trend for bullish trend if trix line turn green and crosses zero line Buy trade can initiate, if turn red color and cross bellow 0 line sell side position can taken so on.