(MRPL) Mangalore Refinery complete technical analysis [charts+indicators] | Buy/Sell Mangalore Refinery | (MRPL) share price targets
Complete technical analysis of Mangalore Refinery (MRPL) by charts plus indicators, forecast predictions and share price targets for Mangalore Refinery (MRPL)
Mangalore Refinery trades in NSE in Refineries sector.
10 day averaged volume of Mangalore Refinery is 4241905
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Dec 2022 | 57.75 | 60.40 | 60.80 | 57.15 | 0.751 times |
| 08 Thu Dec 2022 | 60.15 | 61.20 | 61.40 | 60.00 | 0.809 times |
| 07 Wed Dec 2022 | 60.85 | 58.60 | 61.40 | 58.00 | 1.885 times |
| 06 Tue Dec 2022 | 58.35 | 59.00 | 59.15 | 58.15 | 0.297 times |
| 05 Mon Dec 2022 | 59.20 | 59.50 | 60.40 | 58.75 | 0.679 times |
| 02 Fri Dec 2022 | 59.30 | 59.50 | 61.25 | 59.10 | 1.842 times |
| 01 Thu Dec 2022 | 58.15 | 59.15 | 59.70 | 58.00 | 0.404 times |
| 30 Wed Nov 2022 | 58.85 | 57.85 | 59.55 | 57.05 | 0.929 times |
| 29 Tue Nov 2022 | 57.75 | 59.25 | 59.40 | 57.60 | 0.625 times |
| 28 Mon Nov 2022 | 58.95 | 57.35 | 59.90 | 57.05 | 1.569 times |
My analysis of stock is bullish for shortterm, and stock might move up till 59.2 or till 62.5. Use a stoploss of 56.42 and if this stock hits its stoploss, then it can fall down till 53.64
Share price targets for Mangalore Refinery (MRPL)
| Target Type | Value |
| Downside Target | 52.20 |
| Downside Target | 55.05 |
| Downside Target | 56.60 |
| Upside Target | 59.90 |
| Upside Target | 61.25 |
| Upside Target | 61.40 |
| Upside Target | 64.90 |
| Upside Target | 68.30 |
| Upside Target | 75.50 |
| Upside Target | 79.75 |
Intraday share price targets for Mangalore Refinery (MRPL)
| Target Type | Value |
| Downside Intraday Target | 56.13 |
| Downside Intraday Target | 54.52 |
| Upside Intraday Target | 60.38 |
| Upside Intraday Target | 63.02 |
| Upside Intraday Target | 58.77 |
Weekly technical analysis of Mangalore Refinery (MRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Dec 2022 | 57.75 | 59.50 | 61.40 | 57.15 | 0.823 times |
| 02 Fri Dec 2022 | 59.30 | 57.35 | 61.25 | 57.05 | 1.169 times |
| 25 Fri Nov 2022 | 57.05 | 53.75 | 57.70 | 52.20 | 2.774 times |
| 18 Fri Nov 2022 | 53.45 | 54.30 | 55.05 | 53.10 | 0.776 times |
| 11 Fri Nov 2022 | 53.90 | 55.30 | 56.60 | 53.70 | 0.843 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Mangalore Refinery (MRPL)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Fri Dec 2022 | 57.75 | 59.15 | 61.40 | 57.15 | 0.508 times |
| 30 Wed Nov 2022 | 58.85 | 53.50 | 59.90 | 52.20 | 1.083 times |
| 31 Mon Oct 2022 | 54.05 | 60.00 | 64.90 | 52.40 | 0.683 times |
| 30 Fri Sep 2022 | 59.35 | 72.10 | 75.50 | 57.80 | 0.603 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Mangalore Refinery (MRPL)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 27, 22, 10 | Buy |
| MACD | 0, -0 | Buy |
| Stochastics | 62 | None |
| CCI | -51 | Sell |
| RSI | 55 | Buy |
| OBV | 25867183 | Sell |
| VWAP | 59 | Sell |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Mangalore Refinery ( (MRPL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mangalore Refinery ( (MRPL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mangalore Refinery ( (MRPL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mangalore Refinery ( (MRPL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mangalore Refinery stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mangalore Refinery in short term and the buy signal is strong.
Mangalore Refinery Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mangalore Refinery in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Mangalore Refinery is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 59.27 and Mangalore Refinery (MRPL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Mangalore Refinery (MRPL) stock. Volume based technical analysis of Mangalore Refinery (MRPL) stock is negative.
Mangalore Refinery Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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