MANGALORE REF &PET NSE:​MRPL

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

MRPL Pros: - Stock is providing a good dividend yield of 6.47%. - Company has good consistent profit growth of 23.35% over 5 years -Fundamentally Strong growth stock. -Target 140+ in future.

MRPL Target 130..

MRPL is showing positive divergence on Daily chart with RSI, it also respected previous lows I would buy around 107.5 for T1 = 114.5 T2 = 119.5 T3 = 123.5 SL = 99

The stock is moving nicely between parallel channel having multiple alternative touches on both sides. Yesterday's Doji Bar got confirmed today. One can buy the stock now or on dips for a target of 115. It would provide decent Risk to Reward ratio. Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.

Mentioned on the chart

I will short below 115 with a stop loss of 118.5 and book profit around 111 WHY: weekly trend down, daily trend down,complete market down WHEN:If it goes down with bearish MACD and if risk reward ratio satisfies me I am not SEBI registered adviser this is my personal opinion and this for my recording only