MRPLStock took support again from the demand zone, The last 2 candles are wide with increase in volume. With a SL below 40 on closing basis hold the stock with target 49/51/57.
MRPL
MRPL -Swing CandidateMRPL
Buy-Above 58
Add at 50
Sl-39
Target - 75 86
Mid Term Holding
Buy In Chunks
Cup & handle Breakout + 50 EMA cross!Technically Strong.
A lot of good news for this sector...this always follows ONGC!!
long mrpl on daily chart . buy recommendedMRPL is facing resistance at 47.85 to 48.25 breakout with good volume above 48.5can give you a target mentioned in the charts
go long if retail investor for target 72
today is the q1 f22 result if it goes in line then it can achieve medium term target of 72 within 6 to 8 months
Long MRPLMRPL
NSE:MRPL
Cmp - 43
Stop - 35 on DCB
Expectation -
T1 - 55
T2 - Open, Review at 55
Expected Holding Period - 60 trading days or earlier for T1
View:- Swing/Positional
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
MRPL seems giving breakout from triangle MRPL seems giving breakout from triangle , once candle broke out outside of triangle
small cap stock good for buyingStock(MRPL) making HL at resistance point with good relative strength a good candidate to go long at this price point
MRPL: Sell at 67 SL of 70 Target of 56SELL MRPL at 67 with Stoploss of 70 (on closing basis) and Target of 56
MRPL short term viewRefer chart for target and stoploss. It is setting for reversal in weekly chart. Buy@ 80.85- 82.5
Vijayaraghavan.K,
Kovilpatti.
MRPL Mid term view Indicators are turns to bearish mode and triangle breakdown happened. So it may reach the targets in med term
Vijayaraghavan,
Kovilpatti.
