MRPL - 16 yrs Range Breakout & PullbackBeautiful 16yrs range, followed by 100% move & complete retracement. Can be added at current level till 140 (Add 50% now & add 15% on every 5% fall till 140) Stop loss will be 135 (day closing) Targets - 185, 200, 240, 280 Thanks Piyush Gupta Learn & EarnLongby Piyush-GuptaPublished 5
MRPL for 100% gainsDate: 17 Oct’24 Symbol: MRPL Timeframe: Daily Mangalore Refineries & Petrochemicals seems to be in final stages of Wave 4. If it goes down further from present level, 160 should hold well. Both rising volumes and divergence in RSI suggest accumulation in progress in the stock. Wave 5 can mount to around 330-340 (2X from current price of 169). I can review the target once it heads above 230 levels. This is not a trade recommendation. Please do your own analysis. HINGLISH VERSION Aisa lagta hai ki Mangalore Refinery and Petrochemicals Wave 4 ke antim charan mein hain. Yadi yah vartamaan star se aur neeche jaata hai, to 160 level ko hold karna chahiye. Badhti volume aur RSI mein vichalan donon hi stock mein accumulation ka sanket dete hain. Wave 5 lagabhag 330-340 (vartamaan keemat 169 se 2 guna) tak badh sakta hai. Ek baar 230 ke star se oopar pahunch jae to main iske target ki dubara sameeksha kar sakta hoon. Yah koi trade lene ki salah nahin hai. Kripya apna vishleshan svayan karen. Longby DhandhaPaaniUpdated 4
Mrpl in buyUse this for buy I will update fundamental and technical soonLongby SATHAYAM_ACADEMYPublished 222
MRPL: IN BUY ZONEMRPL faced significant challenges last year, with poor results causing the stock to drop nearly 30%. Our analysis suggests that now is an opportune time to enter this stock, adopting a 'buy on dips' strategy until the stop-loss is triggered. Considering its promising future, entry and exit points are indicated on the chart.Longby karandelPublished 4
MRPLplease note this is only for study not for real trade profit and loss youysLongby ssahni168Published 441
Might Continue to be Bearish.It has Broken Below a Symmetrical Triangle and Also a Strong Support Zone of 200.Shortby Trading_Mentor_AmaanPublished 1
MRPL LongMRPL is trading in range (consolidation) from Feb 2024 as per the daily time frame charts. Stock is making symmetrical triangle pattern as per the charts. Stock will breakup from the long period of consolidation and is likely move up considering trend in markets and lower crude prices. Also, there is squeeze in Bollinger bands and RSI is in the buying zone. Entry at current market price of 201 Immediate targets will be 216-220 Stop loss will be 195. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂 Longby Casahilsharma93Published 0
MRPLDate 15.08.2024 MRPL Timeframe : Day chart Remarks : Formed descending triangle & at neckline. In between 100 ema & 200 ema as support & resistance. Breakout & breakdown arrows/direction is marked. Regards, Ankurby AnkurSinghPublished 3
#MRPL. WXYXZ PATTERN VISIBLE...........NEED MORE CORRECTION Current price...201 Three drive bullish pattern forming WXYXZ pattern forming which leads price to 160. Behalf of Three drive pattern correction should be end in August last or September first . These are only assumption. Sharing my idea only for educational purpose. NSE:MRPL NSE:MRPL Shortby ladesar88Published 3
MRPL | Ascending Triangle Breakout | Swing TradeMRPL | Ascending Triangle Breakout | Swing Trade MRPL | Ascending Triangle Breakout | Swing TradeLongby Bigfoot_AcademyPublished 2
MRPLMRPL is trying to breakout from this zone. levels are marked on chart and it can start second run of huge return from here. let's watch this chart for swing trade. #MRPL #nifty50Longby ArthavidhiPublished 9
Symmetrical triangle idea explained for 12 July markets I daily make educational content videos for swing / positional trading Long04:35by Averoy_Apoorv_AnalysisPublished 12
MRPLLooks good on DAILY TIME FRAME No Resistance on higher time frame effecting the price action DESCENDING TRIANGLE BREAKOUT volumes are phenomenal risk reward is goodLongby Knox1411Published 2
MRPL - W bottom | Bullish move possibility?Price Analysis & Overview: 1. Reveral pattern formed 2. Good volume building. 3. Earnings are weak. 4. Double bottom formation. 5. Strong trendline break candle is important to determine the strength for the upmove. Trade Plan: - Low conviction trade, because fundamentals are not strong. - RRR is favourable. - ENTRY = CMP 220 - SL = 199 - TP = 300+ - Stay tuned for further insights, updates and trade safely! - These are my personal views. - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata RayLongby SuperNova396Published 22
Short & Medium Term Trading Idea in MRPL for > 20% UpsideHi, NSE:MRPL has given a Bullish Flag Breakout on Daily charts with very good volume. NSE:MRPL has given a Bullish Inverted Head & Shoulder Breakout on Daily charts with very good volume. MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision. Longby raigvivekUpdated 4
MRPL Long at 248.7Volatility and Volume Contraction on Daily Charts and Price breaking with strong volume RSI going above 60 Momentum indicator going above avg line Relative strength is strong Price broke Super Trend as well Looks ripe for strong upthrust Can Be bought with 209 SL and 290 1st tgtLongby trendtrader06Updated 1
MRPL--Breakout and Retest --huge volume --tgt-286/300 Disclaimer: - The view expressed here is my personal view - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance -- Do your own analysis and consult your financial adviser if neededLongby shreks14Published 5
Volume Breakout - Crossover Trade - MRPL📊 Script: MRPL 📊 Sector: Refineries 📊 Industry: Refineries Key highlights: 💡⚡ 📈 Script is trading at upper band of BB and giving breakout of it. 📈 MACD is giving crossover. 📈 Double Moving Averages are giving crossover. 📈 Stock is moving along with volume which indicates Volume Breakout. 📈 Script may give some profit booking initially because today stock was up by almost 11%. 📈 Right now RSI is around 65. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 248 🟢 Target 🎯🏆 - 280 ⚠️ Stoploss ☠️🚫 - 236 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁Longby radha_23Published 7
MRPL - 'V' Breakout PossibilityMRPL : Currently having a good move Looks great for a 'V' breakoutby roshansaiPublished 2
MRPL (Multiyear Breakout Setup)Mangalore Refinery and Petrochemicals Limited (MRPL) is giving a multiyear breakout on the monthly chart (also weekly). The possibility of upside is for 206, 260, and 290 levels. Also, continuously increasing volumes are seen on the monthly chart. The level of 148 can act as support. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.Longby onkarsoundankarUpdated 6617
MRPL_ concept behind buying is explained with Elliott Wave Theo MRPL, bullishness explained with the help of channels, elliott waves & support & resistance. IF anyone is curious about Elliott wave learning one can connect. Thanks !!Long07:40by ShubhamKatiyarPublished 776
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall. Trendline Breakout in MRPL BUY TODAY SELL TOMORROW for 5%by Kapil-MittalUpdated 4413
mrpl 16 year breakoutmrpl has given a 16 year breakout of 147 level, as per reverse fibonacci , next tgt are 354 and 500 time duration 8 months , sl 40 points below breakout level go long and have patienceLongby casualtrader_ctPublished 337