MANGALORE REF &PET

NSE

MRPL

Long MRPL Why? Bullish divergence Data support this move

MRPL is forming a Positive Divergence on daily chart a close above 61.20 would take MRPL for 65-66 level

Long if it breaks the high of the previous day with a stop loss at the previous day's low. Short if it breaks the low of the previous day with a stop loss at the previous day's high. In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...

Break Out of Down Trend. Price Crossed Above EMA. DI+ Crossed Above DI-. Can Be Accumulated in Demand Zone. Other Details Mentioned In Chart. Positional View For Educational Purpose Only. Please Consult Your Financial Advisor Before Taking Any Decision. I am not SEBI Registered Financial Advisor.

Long 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