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. :)
WEIGHT FOR PRICE GO BELOW 128.19 THEN SHORT MAKE IMMEDIATE TARGET BELOW GREEN LINE THANKS GREEN TARGET BLACK SL
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.
MRPL will give a long breakout abv 133 Abv 133 it can go to level- 134.50/136 with the safe line as sl @ 131.50
NSE:MRPL MRPL Long positional Entry @ 102.5 Stop Loss @ 96 Target 1 108 Target 2 114
NSE:MRPL Mangalore Refinery and Petrochemicals Ltd has posted a profit before tax of Rs 1,137 crore as against Rs 509 crore for during the corresponding previous quarter. The profit after tax for first quarter of the current fiscal is Rs 720 crore as against Rs 405 crore in the corresponding quarter last fiscal. The gross refining margin (GRM) stood at $10.01/bbl...