MANGALORE REF &PET NSE:​MRPL

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

Indicators are turns to bearish mode and triangle breakdown happened. So it may reach the targets in med term Vijayaraghavan, Kovilpatti.

NSE:MRPL can be bought with a target of 135/140 with stoploss of 127. Breaching of stoploss is a failed channel breakout.

Bullish Divergence in MRPL. There is higher lows in chart and lower lows in RSI. There is also Ascending Triangle, if price break 144 level the target will be 170 in future.

Although not 100% valid pattern, however, If the scrip breakout from core resistance level of 141, One can aim for price target as defined Enter above 143 (Post confirmation) as the day chart is showing bearish retracement for now after uptrend.. MACD golden cross (bullish breakout pattern) also seems to be showing the way where short term moving average goes ...

BEARISH AB=CD pattern in MRPL . And it is currently at its resistance level. One can short it below 140 closing basis . TARGET 1- 133 TARGET 2- 127 STOPLOSS - 146 (Blue line )

SELL with reversal if failed to close above 135 and close above 140 can make move up to 155

The stock has broken out form long term range , its on bullish trend and now it has to retest the range in order to confirm the continuation of trend for further higher high here I am just looking for few points , With open i am looking for reversal sign for short selling for target of 134 , its not advised for everyone who do not have experience how to take ...

Seems a buy. can be bought for 144 with exit SL if it enters the channel again on closing basis.

11 Jul 2017:: MRPL :: Retrace done, take long position with small SL Buy entry 117-120 target 128-134 Sl 114.5 Note: Buy sell its your choice.

MACD and RSI divergence Broken trend line support retesting P.S: I'm still learning and a newbie so please leave comments and help me learn better. Thankyou. :)

MRPL has been trading in uptrend and it closed on weekend making downside channel breakout,the stock may see downside upto the fibo 23% level around 123 in near term.

NSE:MRPL MRPL Long positional Entry @ 102.5 Stop Loss @ 96 Target 1 108 Target 2 114