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 2024-02-22 View latest technical analysis

10 day averaged volume of Mangalore Refinery is 22021787

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	253.05	256.80	259.90	242.75	0.474 times
21 Wed Feb 2024	252.20	276.00	285.00	248.00	0.653 times
20 Tue Feb 2024	273.20	286.90	286.90	268.55	0.603 times
19 Mon Feb 2024	286.10	252.00	289.25	247.80	2.097 times
16 Fri Feb 2024	241.05	239.70	248.65	231.05	1.604 times
15 Thu Feb 2024	244.40	205.35	244.70	203.20	2.989 times
14 Wed Feb 2024	203.95	178.00	209.00	176.75	0.97 times
13 Tue Feb 2024	182.70	183.95	187.70	179.00	0.138 times
12 Mon Feb 2024	184.95	188.70	195.15	174.65	0.413 times
09 Fri Feb 2024	189.60	200.85	202.00	176.65	0.323 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 243.6, but if it comes below 243.6, then a intra day sell could be more profitable.
If you take a sell trade below 243.6, then use 243.6 as stoploss and 209.32 as target. However if you take a buy trade in stock , then use 243.6 as stoploss and 284.7 as target.

Share price targets for Mangalore Refinery (MRPL)

Target Type	Value
Downside Target	90.50
Downside Target	101.10
Downside Target	117.70
Downside Target	126.15
Downside Target	136.00
Downside Target	160.55
Downside Target	173.00
Downside Target	186.00
Downside Target	198.80
Downside Target	206.80
Downside Target	242.75
Downside Target	248.65
Upside Target	289.25

Intraday share price targets for Mangalore Refinery (MRPL)

Target Type	Value
Downside Intraday Target	234.12
Downside Intraday Target	215.18
Upside Intraday Target	280.62
Upside Intraday Target	308.18
Upside Intraday Target	261.68

Weekly technical analysis of Mangalore Refinery (MRPL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	253.05	252.00	289.25	242.75	0.626 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
02 Fri Feb 2024	191.60	175.45	198.80	173.00	2.043 times
25 Thu Jan 2024	174.40	178.20	178.90	160.55	0.312 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
22 Thu Feb 2024	253.05	178.40	289.25	174.65	1.38 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
30 Thu Nov 2023	121.30	102.00	126.15	101.10	0.603 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 tired and bears are picking up momentum.

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 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 246.21 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.