Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-16 View latest technical analysis

10 day averaged volume of Mangalore Refinery is 1889253

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	148.32	149.50	151.53	148.00	0.674 times
13 Fri Dec 2024	149.40	150.00	150.99	147.40	0.72 times
12 Thu Dec 2024	150.95	153.70	153.90	150.47	0.676 times
11 Wed Dec 2024	153.01	152.00	154.19	151.79	0.678 times
10 Tue Dec 2024	151.87	154.79	155.59	151.10	0.89 times
09 Mon Dec 2024	154.49	154.51	156.45	154.00	0.773 times
06 Fri Dec 2024	154.93	154.30	157.26	154.19	0.941 times
05 Thu Dec 2024	154.74	157.30	158.04	154.31	0.893 times
04 Wed Dec 2024	157.10	156.40	160.80	156.00	1.552 times
03 Tue Dec 2024	155.94	155.65	158.95	155.00	1.109 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 149.5, but if it comes above 149.5, then a intra day buy could be more profitable.
If you take a sell trade below 149.5, then use 149.5 as stoploss and 145.4 as target. However if you take a buy trade in stock , then use 149.5 as stoploss and 152.84 as target.

Share price targets for Mangalore Refinery (MRPL)

Target Type	Value
Downside Target	141.37
Downside Target	147.40
Upside Target	151.53
Upside Target	156.45
Upside Target	160.74
Upside Target	163.42
Upside Target	172.50
Upside Target	174.60
Upside Target	186.45
Upside Target	197.88
Upside Target	210.35
Upside Target	223.38

Intraday share price targets for Mangalore Refinery (MRPL)

Target Type	Value
Downside Intraday Target	147.04
Downside Intraday Target	145.75
Upside Intraday Target	150.57
Upside Intraday Target	152.81
Upside Intraday Target	149.28

Weekly technical analysis of Mangalore Refinery (MRPL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	148.32	149.50	151.53	148.00	0.18 times
13 Fri Dec 2024	149.40	154.51	156.45	147.40	0.597 times
06 Fri Dec 2024	154.93	155.25	160.80	152.10	1.042 times
29 Fri Nov 2024	154.56	159.00	163.42	152.30	0.374 times
22 Fri Nov 2024	157.25	150.00	160.74	144.05	2.869 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
16 Mon Dec 2024	148.32	155.25	160.80	147.40	0.179 times
29 Fri Nov 2024	154.56	148.61	172.50	144.05	2.528 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

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)

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 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 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 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 buy signal for Mangalore Refinery in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 153.68 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.