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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 2024-05-02 View latest technical analysis

10 day averaged volume of Mangalore Refinery is 9717474

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	254.05	251.40	257.15	246.15	0.596 times
30 Tue Apr 2024	250.15	251.75	259.90	248.00	0.726 times
29 Mon Apr 2024	250.45	252.45	256.90	248.50	0.592 times
26 Fri Apr 2024	250.95	251.10	259.20	245.65	1.418 times
25 Thu Apr 2024	250.05	250.95	256.70	246.15	1.666 times
24 Wed Apr 2024	248.70	226.25	253.70	225.10	4.101 times
23 Tue Apr 2024	224.55	224.80	228.90	223.00	0.198 times
22 Mon Apr 2024	223.20	229.00	230.00	222.35	0.226 times
19 Fri Apr 2024	227.00	221.90	229.00	215.75	0.445 times
18 Thu Apr 2024	223.15	225.40	233.70	221.80	0.331 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 246.6, but if it comes below 246.6, then a intra day sell could be more profitable.
If you take a sell trade below 246.6, then use 246.6 as stoploss and 235.25 as target. However if you take a buy trade in stock , then use 246.6 as stoploss and 260.3 as target.

Share price targets for Mangalore Refinery (MRPL)

Target Type	Value
Downside Target	128.00
Downside Target	174.65
Downside Target	182.10
Downside Target	186.00
Downside Target	209.10
Downside Target	219.00
Downside Target	233.70
Downside Target	241.35
Downside Target	248.40
Upside Target	257.15
Upside Target	259.20
Upside Target	259.90
Upside Target	289.25

Intraday share price targets for Mangalore Refinery (MRPL)

Target Type	Value
Downside Intraday Target	246.83
Downside Intraday Target	239.62
Upside Intraday Target	260.58
Upside Intraday Target	267.12
Downside Intraday Target	253.37

Weekly technical analysis of Mangalore Refinery (MRPL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	254.05	252.45	259.90	246.15	0.252 times
26 Fri Apr 2024	250.95	229.00	259.20	222.35	4.143 times
19 Fri Apr 2024	227.00	217.80	233.70	209.10	1.535 times
12 Fri Apr 2024	221.90	240.30	241.35	220.80	0.471 times
05 Fri Apr 2024	238.25	219.00	244.90	219.00	1.818 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
02 Thu May 2024	254.05	251.40	257.15	246.15	0.041 times
30 Tue Apr 2024	250.15	219.00	259.90	209.10	1.287 times
28 Thu Mar 2024	218.55	230.40	248.40	182.10	0.346 times
29 Thu Feb 2024	227.80	178.40	289.25	174.65	1.531 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 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 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Mangalore Refinery in short term and the buy signal is strong.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Mangalore Refinery in short term but SELL signal is weak.

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 246.96 and Mangalore Refinery (MRPL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.