MRPLAs price is in a triangle pattern wait for a breakout and retest, looks good for a swing trade. "EDUCATIONAL PURPOSE "
MRPL trade ideas
MRPLSomething is cooking in MRPL. Can be confirmed with huge volumes.
CMP-₹43.25
Short term targets:
T1-₹44.75
T2-₹48.45
T3-₹50.10
Sl-₹38.25
Only for educational purpose
MRPL seems giving breakout from triangle MRPL seems giving breakout from triangle , once candle broke out outside of triangle
MRPL LONGROUNDING BOTTOM
DOUBLE BOTTOM
TARGRT - 140, 80
STOP LOSS - 30
VERY VOLATILE STOCK
TAKE CARE OF PROFIT
BUT MINIMUM DOUBLE OPPURTUNITY
MRPL AT LOWER ENDMRPL at lower end of the Channel and taking support at 50 EMA. Reversal can happen.
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
Buy MRPL 44 for 55 and 80. sl 40 on weekly closing basisMRPL has given classical INVERSE HEAD AND SHOULDER BREAKOUT above trendline of 40 levels. Buy with stop loss of 40 on weekly closing basis for target of 55 and then 80 if 55 levels taken out decisively. Price is supportive with hefty volumes
MRPL for long (Only for educational purpose)Formed almost a cup and handle pattern. Also took support from 50 ema. Just broke a good resistance. So MRPL may show some up movement.
MRPL | Breakout from accumulation zone - Box BreakoutMRPL | Breakout from accumulation zone (Box Breakout) - There is a decent INHS visual too.
CMP : 44 (Dip till 40)
SL : 36
Target : 63, 86
1:6 risk reward setup (first target)
MRPL breakoutMRPL is currently shown breakout but it has to strongly cross suppy zone to show further upmove. daily close above 46 will give good upmove. i m setting target till 65+
Flag Breakout in MRPLThere is a flag pattern breakout in MRPL on daily chart.
Levels :-
1st target :- 42
2nd Target :- 44
3rd Target :- 48
Stop loss :- 38
MRPL GOOD BUY SIGNALMRPL on the verge of breakout. POSITIONAL
CMP 40.75
Stock from current level might move towards 55.4
SL 38 on closing basis.
Disclaimer: Ideas for learning Only.
Long Mangalore Refinery and Petrochemicals!Buy under 36
Target = 39.2
Stoploss = 35.15
Breaking resistance and SRT-Algorithm indicating buy.
Mangalore Refinery & Petrochemicals Ltd. formed a double bottom only take entry once it breaks the neck line, since its lower low formation came to an end and taken a double bottom support, expected to make an uptrend. still keep a strict SL. Kindly support if u find this useful
Long in short term.Short in long term.As per trend it seems that on weekly chart is going down. in short term on can buy at current leval 33.90 for
MRPL EtStockRecoMotilal Oswal: Neutral Target 40
Buy when prices retest downward channel or yellow trendline.
Long ( 400 % Potential Earnings ) One can look for Entering on CMP or on Drop in cash
and Let the investment be in it for Period of 18 months to 2 Years and you can look to book near forecast target
The potential revenue is 400 % + and time period max 2 Years ,
Any one who can invest as small savings of INR 25,000 can take home INR 1,25,000
Good luck people
