(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.
Showing technical analysis as on 2022-07-29 View latest technical analysis
10 day averaged volume of Mangalore Refinery is 3794857
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Fri Jul 2022 | 72.80 | 74.45 | 74.45 | 72.50 | 1.153 times |
| 28 Thu Jul 2022 | 72.85 | 74.00 | 74.30 | 72.70 | 0.407 times |
| 27 Wed Jul 2022 | 72.85 | 74.00 | 74.30 | 72.70 | 0.407 times |
| 26 Tue Jul 2022 | 73.95 | 75.25 | 75.25 | 73.40 | 1.018 times |
| 25 Mon Jul 2022 | 73.25 | 72.40 | 73.80 | 71.00 | 1.266 times |
| 22 Fri Jul 2022 | 72.40 | 73.80 | 74.00 | 71.75 | 0.902 times |
| 21 Thu Jul 2022 | 73.50 | 78.55 | 78.55 | 73.05 | 1.774 times |
| 20 Wed Jul 2022 | 76.30 | 76.30 | 76.30 | 74.80 | 1.353 times |
| 19 Tue Jul 2022 | 72.70 | 72.40 | 74.80 | 72.25 | 1.598 times |
| 18 Mon Jul 2022 | 71.55 | 70.50 | 72.25 | 70.40 | 0.801 times |
My analysis of stock is bearish for shortterm, and stock might move down till 71 or till 68.5. Use a stoploss of 73.05 and if the stock hits stoploss, then it can shoot up till 75.1
Share price targets for Mangalore Refinery (MRPL)
| Target Type | Value |
| Downside Target | 39.60 |
| Downside Target | 41.60 |
| Downside Target | 45.10 |
| Downside Target | 66.30 |
| Downside Target | 69.25 |
| Upside Target | 73.25 |
| Upside Target | 75.25 |
| Upside Target | 78.55 |
| Upside Target | 81.55 |
| Upside Target | 83.50 |
| Upside Target | 91.25 |
| Upside Target | 95.80 |
| Upside Target | 98.65 |
| Upside Target | 127.65 |
Intraday share price targets for Mangalore Refinery (MRPL)
| Target Type | Value |
| Downside Intraday Target | 70.78 |
| Downside Intraday Target | 68.77 |
| Upside Intraday Target | 75.03 |
| Upside Intraday Target | 77.27 |
| Upside Intraday Target | 73.02 |
Weekly technical analysis of Mangalore Refinery (MRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Fri Jul 2022 | 72.80 | 72.40 | 75.25 | 71.00 | 0.661 times |
| 22 Fri Jul 2022 | 72.40 | 70.50 | 78.55 | 70.40 | 1.128 times |
| 15 Fri Jul 2022 | 71.10 | 71.95 | 73.25 | 70.00 | 0.4 times |
| 08 Fri Jul 2022 | 71.95 | 79.65 | 83.50 | 69.25 | 0.656 times |
| 01 Fri Jul 2022 | 81.55 | 85.75 | 98.65 | 81.55 | 0.854 times |
Price has moved up 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 |
| 29 Fri Jul 2022 | 72.80 | 88.05 | 91.25 | 69.25 | 0.263 times |
| 30 Thu Jun 2022 | 90.60 | 82.00 | 127.65 | 75.70 | 1.78 times |
| 31 Tue May 2022 | 81.15 | 73.70 | 95.80 | 66.30 | 0.772 times |
| 29 Fri Apr 2022 | 73.75 | 41.60 | 75.80 | 41.60 | 10.981 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 | 22, 22, 1 | Sell |
| MACD | -4, -5 | Buy |
| Stochastics | 30 | Sell |
| CCI | -18 | Sell |
| RSI | 59 | Buy |
| OBV | -62392242 | Sell |
| VWAP | 73 | Sell |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mangalore Refinery ( (MRPL) ) based on a short to mid term time period is
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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mangalore Refinery in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mangalore Refinery Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Mangalore Refinery is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 73.38 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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