MRPL Pros: - Stock is providing a good dividend yield of 6.47%. - Company has good consistent profit growth of 23.35% over 5 years -Fundamentally Strong growth stock. -Target 140+ in future.
1000 level support did not hold but it is expected that 1/1 support which falls at 885 should hold tomorrow on closing basis
Progressive restance levels for tomorrow: 19.50, 26.50 and 34.25. Support is at 16.20.
Sanwaria is in bullish move, may go to 19.65 in near term. Support at 15.25.
Buy above 195, when will enterthe ascending fan spectrum. Bullish above 225.
With an internediate resistance at 815, one can have a target of 900 in this present run up. Support at 645
With good support at 3275, the stock may go to 6000 and above in this run up with occassional hiccups.
Having the support of Gann 1/2 descending line, should find support at 24450
A closing above 11.25 in two to three days will confirm return of bullishness