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Mangalore_refinery

Mangalore Refinery and Petrochemicals Limited Daily Chart Latest reference price: about ₹194–₹195 in recent market data. 📉 Daily Pivot Levels (1-Day Time Frame) Level Price (₹) Pivot Point 193.42 Resistance 1 (R1) 197.27 Resistance 2 (R2) 199.85 Resistance 3 (R3) 203.70 Support 1 (S1) 190.84 Support 2 (S2) 186.99 Support 3 (S3) 184.41 These pivot levels help traders identify intraday support, resistance, and possible breakout zones. 📊 Indicator Snapshot (Daily) RSI (14): ~71 → strong bullish momentum but near overbought zone. Price is above 20, 50, 100, and 200-day moving averages, indicating a strong uptrend in the broader trend. 📈 Intraday Trading View Bullish Scenario Above ₹197 breakout Targets: ₹200 → ₹203 Range Zone ₹191 – ₹197 consolidation zone Bearish Scenario Below ₹190 Targets: ₹187 → ₹184 ✅ Simple Daily Strategy Buy breakout: above ₹197 Target: ₹200 / ₹203 Stop-loss: ₹190 Sell breakdown: below ₹190 Target: ₹187 / ₹184
NSE:MRPLLong
by GlobalWolfStreet
3
MRPL; for short term and intradayHuge potential is there. For short term investment ; Leave a " Like If you agree ".👍 . . Wait for small retracement daily candle to close above - "95" . . If you are interested in investment, go for it with proper risk, . . Overall " MRPL" fundamentally good stock. . . Enter only if market Breaks "Yellow box" mentioned. . Wait for proper reversal and conformation. . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency "💹 Refer our old ideas for accuracy rate🧑‍💻 Valuable comments are welcomed-✌️ . Refer over old posted idea attached below.
NSE:MRPLLong
by TheNuraTrading
2
Q&A_ MRPL, how did it move so violently and next move from here?Namaste! I want you to pay attention towards 3 arrows. 1. Black arrow: This candle had an increased selling volume (resistance), which was broken by 3rd weekly candle followed by 2 weekly candles of consolidation. 2. Blue arrow: This is the candle where bulls entered with approx double the volume and were able to close above the high of blue candle. 3. The rally continues. 4. Orange arrow: 1st time, sellers were powerful enough to push the prices, up to the low of any high breaking green candle. . Q: What could happen from here. A: Profit booking will come as well as it has started from current prices. Look, the stock can not just go up and up. It is pending for profit booking, then it may consolidate for some weeks. Then another bullish momentum is expected. Q: What should current position holders do? A: a. You can book the profits right now, b. or you can trail your SL below low of high breaking daily green candle (keep trailing for future candles as well). If following my decision you make profit, nobody cares, but if you followed my idea and sold, then stock moved another 100%, you will blame me. Reality is nobody can predict the top. Disclaimer: You're solely responsible for any decision taken in the markets, resulting in financial gains or losses. The analysis I've shared is for informational and educational purposes only.
NSE:MRPLLong
by UnknownUnicorn7637383