MANGALORE REF &PET NSE:​MRPL

Long above 71.1 with SL 69.2 T1 71.6 T2 71.85 T3 72.4 T4 72.8 T5 73.4

Moving average cross over confirms the continuity of bearish trend. As well, MACD signals that bulls would find very challenging to hold the high in near term. Expect it would stay below 90 level for Dec series. By considering the lesser liquidity, suggesting option investors to execute the order above 0.5

Refer charts

I think for a short term MRPL could touch 95 to 100

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SELL MRPL at 67 with Stoploss of 70 (on closing basis) and Target of 56

MRPL - Doji with above average volume + S/R zone

a rough analysis - Do not take things so serious Just chill Do not take life too seriously

It is at multiyear support. If it breaks 90 with volume invitation, it will be a good one! BUT, wait till volume invitation is there.

MRPL took support on monthly trend line can long for target 120

Refer chart for target and stoploss. It is setting for reversal in weekly chart. Buy@ 80.85- 82.5 Vijayaraghavan.K, Kovilpatti.

Oil prices likely to climb up due to iraq sanctions. Stock has broken weekly support of 82.5. It should fall this week. Target 78 SL-82.5

Rising Wedge + 50 SMA Resistance + Spinning Top

just watch the chart...... it has shorterm and longterm...

1) ASCENDING TRIANGLE 2) TK CROSS ABOVE GREEN KUMO CLOUD 3) START OF EW 3 4) RSI BULLISH ENTRY 82.60 TARGET 85.60 SL 80.60

Long MRPL for target 90 Swing trading

MRPL failed to breakout resistance zone making a breakout failure setup. safe players can go short below 80.5 with target of 76.5 and stoploss above 82.5 risk:reward ratio = 1:2 if stoploss gets hit then just reverse the trade that is go long above 82.5 with stoploss below 80.5.

Buy MRPL in CMP for target 85