MRPL 1dtfLook like a strong buying candle has the potential to break resistance and in weekly bullish engulfing has been formed if comes down also good for accumulation up to 75 otherwise breaks the resistance makes move up to 125Longby Magesh1562
MRPL Positional long 6 months to 1 yearMRPL Positional long 6 months to 1 year time frame Stock has consolidated from July 26th to 20th Sept given a breakout also there are fundamental changes in this PSU company may lead stock to reach higher levels in coming weeks Company Market cap is 9000 Cr. Stock only 2 time of Book value. Only Concern of the companies expenses. Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision. Leave a comment that is helpful or encouraging. Let's master the markets togetherLongby sbkurandwad77Updated 6
MANGALORE Ref. & Pet.Keep this stock on radar... Good Breakout with huge volume seen past week.... Stock might retest its breakout ... One should accumulate some qty at 65 thn at 62-60... Can easily give target of 75/80 in Medium termLongby Hardikpoojari0
Mangalore Refinery And Petrochemicals Limited (Long)trading above 200 Ema on daily chart Good Volume seen took support at 43 Buy 44-45 SL 43 TGT 51-53 Please do correlate by yourself also on charts. This is for paper trading and educational purpose only. Must consult your Financial advisor before investing.Longby EliteMasterTrader0073
MANGALORE REFINERY & PETROCHEMICALStaking support at 200 EMA Good volume seen in this stock bounced from Support level ready to fly Buy near 44-44.5 SL 42 TGT 49-52-55 Please Correlate by yourself also on charts. This is for Educational and Paper Trading Purpose Only. Must Consult your financial advisor before Investing. Longby EliteMasterTrader0071
#MRPL ENTRY 1 with 40% allocation @43.5(CMP) ENTRY 2 with 60% allocation above 45.5 StopLoss - 40 weekly close DISCLAIMER: EDUCATIONAL ViewLongby Yogesh_Agarwal_Updated 1
MRPL DAILY CHART Ascending triangle breakout , best buy in between 48-50 , tgt 55-57 Longby ambrishtiwari6750