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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 2024-11-07 View latest technical analysis

10 day averaged volume of Mangalore Refinery is 6208092

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	166.34	168.02	172.50	165.00	1.084 times
06 Wed Nov 2024	168.02	167.86	171.00	164.76	2.744 times
05 Tue Nov 2024	163.84	146.10	167.90	145.10	4.893 times
04 Mon Nov 2024	147.58	152.00	152.22	145.13	0.238 times
01 Fri Nov 2024	151.50	148.61	151.99	148.61	0.076 times
31 Thu Oct 2024	147.76	148.66	149.73	146.22	0.181 times
30 Wed Oct 2024	148.70	146.39	150.48	143.75	0.308 times
29 Tue Oct 2024	146.58	144.91	149.75	143.02	0.344 times
28 Mon Oct 2024	144.06	145.95	148.40	142.66	0.407 times
25 Fri Oct 2024	144.84	155.00	155.00	143.20	0.425 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 168.6 as stoploss in an intra day sell trade for a target of 158.3. However, stock will show a bullish move above 168.6.

Share price targets for Mangalore Refinery (MRPL)

Target Type	Value
Downside Target	141.37
Downside Target	151.99
Downside Target	161.80
Upside Target	172.50
Upside Target	176.65
Upside Target	180.99
Upside Target	186.45
Upside Target	197.88
Upside Target	198.50
Upside Target	210.35
Upside Target	223.38
Upside Target	253.56

Intraday share price targets for Mangalore Refinery (MRPL)

Target Type	Value
Downside Intraday Target	150.13
Downside Intraday Target	133.91
Upside Intraday Target	177.53
Upside Intraday Target	188.71
Downside Intraday Target	161.31

Weekly technical analysis of Mangalore Refinery (MRPL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	166.34	152.00	172.50	145.10	6.807 times
01 Fri Nov 2024	151.50	145.95	151.99	142.66	0.468 times
25 Fri Oct 2024	144.84	159.47	161.80	141.37	2.069 times
18 Fri Oct 2024	165.53	175.00	176.65	164.57	1.486 times
11 Fri Oct 2024	174.73	179.95	180.99	167.77	0.814 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mangalore Refinery (MRPL)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	166.34	148.61	172.50	145.10	1.261 times
31 Thu Oct 2024	147.76	183.05	186.45	141.37	1.093 times
30 Mon Sep 2024	182.18	210.00	210.35	174.60	0.673 times
30 Fri Aug 2024	207.37	221.85	223.38	197.88	0.263 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 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 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 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Mangalore Refinery in short term and BUY signal is strong.

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

Although the stock is in the SELL zone, but selling 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 161.95 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 negative.

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