Hi, NSE:MRPL has given a Bullish Flag Breakout on Daily charts with very good volume. NSE: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...
📊 Script: MRPL 📊 Sector: Refineries 📊 Industry: Refineries Key highlights: 💡⚡ 📈 Script is trading at upper band of BB and giving breakout of it. 📈 MACD is giving crossover. 📈 Double Moving Averages are giving crossover. 📈 Stock is moving along with volume which indicates Volume Breakout. 📈 Script may give some profit booking initially because today stock was up...
Mangalore Refinery and Petrochemicals Limited (MRPL) is giving a multiyear breakout on the monthly chart (also weekly). The possibility of upside is for 206, 260, and 290 levels. Also, continuously increasing volumes are seen on the monthly chart. The level of 148 can act as support. Disclaimer: I am not a SEBI registered analyst. All the stocks are for...
Huge 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...
Introduction: Mangalore Refinery and Petrochemicals Limited (MRPL) is a Category 1 Miniratna Central Public Sector Enterprise (CPSE) under the Ministry of Petroleum & Natural Gas. MRPL is located in beautiful hilly terrain, north of Mangaluru city, in Dakshina Kannada District of Karnataka State (India). The 15.0MMTPA (Million Metric Ton...
#MRPL CMP : ₹. 118.9 Date : 25-11-23 Mangalore Refinery and Petrochemical Ltd is a miniratna company which is a subsidiary of ONGC. One of the consistent upward mover for last 1 year. Benefits the Governments imported policy at discounted price. Technically looking good. A round bottom formation completed in charts. Expected a movement towards 200 levels with...
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...
MRPL looking very good candidate for Swing Ema support Immediate targets - 104-114 Weak below 92 For education purpose only
A subsidiary company of ONGC which is engaged in the refining of crude oil business. More than 80% promoter holdings with zero promoter pledge. Debt and debtor days have reduced. Eventhough the quarterly revenue and profit margin has declined , ROCE , ROA, Book value etc improving in last 2 years. FII's and DII's are increasing their shareholdings. Also stock is...
I daily make educational content videos for swing / positional trading
BUY - MRPL CMP - Rs. 64 Target - 1: Rs. 95 Target - 2: Rs. 116 Target - 3: Rs. 140 . . Technicals - Bullish Flag BO . NOTE: Target1 will be achieved within 1 year, Target - 2 within 1.5 years, and Target - 3 within 2-2.5 years. . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
MRPL Hourly has trendline breakout/Flag n pole breakout. Good to buy at 67.80 for target of 74 with sl below 64.50
MRPL Daily has trendline breakout with 200 ema support on daily candle. It has inverted head n shoulder breakout. Good to buy at 62 with target of 74 sl below 54
Hi guys, today I'm back with a stock MRPL and as you can see it is on the resistance of the channel and 200 ema and telling us to sell, Thank You
Either Side Move will give a good RR. Just for educational purposes.
MRPL forms a head and shoulder pattern on a daily chart and gave a breakdown but then is on full sideways consolidation so that if the price goes above 80 it's a good buying opportunity.
MRPL -- DAILY CHART -- TRENDLINE BREAKOUT 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...
This is follow-up on Mangalore Refinery & Petrochemicals Ltd. Can check link to related ideas. Target 1 achieved. Gain of more than 41%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I...