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(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 2024-03-04 View latest technical analysis

10 day averaged volume of Mangalore Refinery is 7401715

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	229.15	234.05	234.40	226.05	0.414 times
02 Sat Mar 2024	233.10	230.00	234.85	228.90	0.082 times
01 Fri Mar 2024	229.15	230.40	237.90	228.05	0.551 times
29 Thu Feb 2024	227.80	232.00	235.65	225.65	0.488 times
28 Wed Feb 2024	230.15	236.00	251.40	228.00	1.618 times
27 Tue Feb 2024	235.60	244.00	247.25	234.50	0.531 times
26 Mon Feb 2024	243.55	246.10	251.25	236.60	0.799 times
23 Fri Feb 2024	245.85	255.80	255.80	244.20	0.784 times
22 Thu Feb 2024	253.05	256.80	259.90	242.75	1.411 times
21 Wed Feb 2024	252.20	276.00	285.00	248.00	1.943 times

My analysis of stock is bearish for shortterm, and stock might move down till 202 or till 169.2. Use a stoploss of 229.45 and if the stock hits stoploss, then it can shoot up till 256.86

Share price targets for Mangalore Refinery (MRPL)

Target Type	Value
Downside Target	101.10
Downside Target	118.80
Downside Target	126.15
Downside Target	136.00
Downside Target	174.65
Downside Target	186.00
Downside Target	206.80
Downside Target	225.65
Upside Target	234.40
Upside Target	242.75
Upside Target	248.65
Upside Target	251.40
Upside Target	289.25

Intraday share price targets for Mangalore Refinery (MRPL)

Target Type	Value
Downside Intraday Target	225.33
Downside Intraday Target	221.52
Upside Intraday Target	233.68
Upside Intraday Target	238.22
Upside Intraday Target	229.87

Weekly technical analysis of Mangalore Refinery (MRPL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	229.15	234.05	234.40	226.05	0.102 times
02 Sat Mar 2024	233.10	246.10	251.40	225.65	0.334 times
23 Fri Feb 2024	245.85	252.00	289.25	242.75	0.669 times
16 Fri Feb 2024	241.05	188.70	248.65	174.65	3.297 times
09 Fri Feb 2024	189.60	193.15	206.80	176.65	0.955 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
04 Mon Mar 2024	229.15	230.40	237.90	226.05	0.024 times
29 Thu Feb 2024	227.80	178.40	289.25	174.65	1.531 times
31 Wed Jan 2024	177.05	133.40	186.00	128.00	2.125 times
29 Fri Dec 2023	133.15	122.25	136.00	118.80	0.57 times

Scroll below to view daily charts

Price has moved up 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)

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Mangalore Refinery in short term but the sell signal is initial and weak.

Mangalore Refinery Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 and the buying is gaining 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 241.66 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.