(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 2022-08-05 View latest technical analysis
10 day averaged volume of Mangalore Refinery is 3397793
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Aug 2022 | 71.90 | 73.50 | 73.60 | 71.60 | 1.164 times |
| 04 Thu Aug 2022 | 72.45 | 72.80 | 73.25 | 70.70 | 0.987 times |
| 03 Wed Aug 2022 | 72.25 | 73.10 | 73.70 | 71.85 | 0.655 times |
| 02 Tue Aug 2022 | 72.85 | 73.00 | 74.45 | 72.40 | 0.86 times |
| 01 Mon Aug 2022 | 73.40 | 74.00 | 76.35 | 72.50 | 1.741 times |
| 29 Fri Jul 2022 | 72.80 | 74.45 | 74.45 | 72.50 | 1.288 times |
| 28 Thu Jul 2022 | 72.85 | 74.00 | 74.30 | 72.70 | 0.455 times |
| 27 Wed Jul 2022 | 72.85 | 74.00 | 74.30 | 72.70 | 0.455 times |
| 26 Tue Jul 2022 | 73.95 | 75.25 | 75.25 | 73.40 | 1.137 times |
| 25 Mon Jul 2022 | 73.25 | 72.40 | 73.80 | 71.00 | 1.414 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 71.5 as stoploss in an intra day buy trade for a target of 72.64. However, stock will show a bearish move below 71.5.
Share price targets for Mangalore Refinery (MRPL)
| Target Type | Value |
| Downside Target | 41.60 |
| Downside Target | 66.30 |
| Downside Target | 69.25 |
| Upside Target | 73.25 |
| Upside Target | 75.25 |
| Upside Target | 76.35 |
| Upside Target | 78.55 |
| Upside Target | 83.50 |
| Upside Target | 91.25 |
| Upside Target | 95.80 |
| Upside Target | 127.65 |
Intraday share price targets for Mangalore Refinery (MRPL)
| Target Type | Value |
| Downside Intraday Target | 69.62 |
| Downside Intraday Target | 67.33 |
| Upside Intraday Target | 75.27 |
| Upside Intraday Target | 78.63 |
| Upside Intraday Target | 72.98 |
Weekly technical analysis of Mangalore Refinery (MRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Aug 2022 | 71.90 | 74.00 | 76.35 | 70.70 | 1.139 times |
| 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 |
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 |
| 05 Fri Aug 2022 | 71.90 | 74.00 | 76.35 | 70.70 | 0.129 times |
| 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 |
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 | 20, 20, 1 | Sell |
| MACD | -4, -4 | Buy |
| Stochastics | 23 | Sell |
| CCI | -93 | Buy |
| RSI | 60 | Buy |
| OBV | -11974309 | Sell |
| VWAP | 73 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Mangalore Refinery ( (MRPL) ) based on a short 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.
Price action analysis of Mangalore Refinery ( (MRPL) ) based on a short 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.
Price action analysis of Mangalore Refinery ( (MRPL) ) based on a short to mid 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 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 losing 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 buy signal for Mangalore Refinery in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 72.93 and Mangalore Refinery (MRPL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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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