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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 2024-11-21 View latest technical analysis

10 day averaged volume of Mangalore Refinery is 7383928

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	145.05	147.39	148.77	144.05	0.202 times
19 Tue Nov 2024	147.97	150.00	155.38	146.81	0.392 times
18 Mon Nov 2024	147.71	150.00	150.67	146.02	0.296 times
14 Thu Nov 2024	149.26	149.69	155.40	148.40	0.318 times
13 Wed Nov 2024	152.62	151.10	155.31	147.21	0.544 times
12 Tue Nov 2024	153.65	159.10	161.55	152.55	0.226 times
11 Mon Nov 2024	159.10	160.48	160.74	155.23	0.344 times
08 Fri Nov 2024	160.80	165.49	165.49	157.35	0.547 times
07 Thu Nov 2024	166.34	168.02	172.50	165.00	0.912 times
06 Wed Nov 2024	168.02	167.86	171.00	164.76	2.307 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 145.6, but if it comes above 145.6, then a intra day buy could be more profitable.
If you take a sell trade below 145.6, then use 145.6 as stoploss and 137 as target. However if you take a buy trade in stock , then use 145.6 as stoploss and 152.77 as target.

Share price targets for Mangalore Refinery (MRPL)

Target Type	Value
Downside Target	141.37
Upside Target	151.99
Upside Target	155.38
Upside Target	161.55
Upside Target	172.50
Upside Target	174.60
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	140.94
Downside Intraday Target	136.83
Upside Intraday Target	152.27
Upside Intraday Target	159.49
Upside Intraday Target	148.16

Weekly technical analysis of Mangalore Refinery (MRPL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	145.05	150.00	155.38	144.05	0.621 times
14 Thu Nov 2024	149.26	160.48	161.55	147.21	0.177 times
08 Fri Nov 2024	160.80	152.00	172.50	145.10	7.301 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

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
21 Thu Nov 2024	145.05	148.61	172.50	144.05	1.738 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 down this month, and volume has increased substantially. This means that the move can 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Mangalore Refinery in short term and the sell signal is strong.

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 160.69 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.