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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 2024-03-18 View latest technical analysis

10 day averaged volume of Mangalore Refinery is 5259117

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	211.90	208.25	221.95	208.25	1.052 times
15 Fri Mar 2024	215.65	207.50	218.50	196.65	1.665 times
14 Thu Mar 2024	207.90	187.00	207.90	182.10	1.069 times
13 Wed Mar 2024	189.00	210.00	214.20	189.00	1.058 times
12 Tue Mar 2024	210.00	218.85	221.60	205.55	0.973 times
11 Mon Mar 2024	218.85	233.70	234.45	217.00	0.575 times
07 Thu Mar 2024	233.20	234.65	237.10	231.15	0.546 times
06 Wed Mar 2024	234.60	239.85	243.70	228.25	0.836 times
05 Tue Mar 2024	239.70	229.30	248.40	228.70	2.578 times
04 Mon Mar 2024	229.15	234.05	234.40	226.05	0.583 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 212.4, but if it comes above 212.4, then a intra day buy could be more profitable.
If you take a sell trade below 212.4, then use 212.4 as stoploss and 190.4 as target. However if you take a buy trade in stock , then use 212.4 as stoploss and 230.68 as target.

Share price targets for Mangalore Refinery (MRPL)

Target Type	Value
Downside Target	101.10
Downside Target	118.80
Downside Target	126.15
Downside Target	136.00
Downside Target	174.65
Downside Target	182.10
Downside Target	186.00
Downside Target	208.25
Upside Target	221.95
Upside Target	234.45
Upside Target	242.75
Upside Target	248.40
Upside Target	251.40
Upside Target	289.25

Intraday share price targets for Mangalore Refinery (MRPL)

Target Type	Value
Downside Intraday Target	206.12
Downside Intraday Target	200.33
Upside Intraday Target	219.82
Upside Intraday Target	227.73
Upside Intraday Target	214.03

Weekly technical analysis of Mangalore Refinery (MRPL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	211.90	208.25	221.95	208.25	0.197 times
15 Fri Mar 2024	215.65	233.70	234.45	182.10	1.175 times
07 Thu Mar 2024	233.20	234.05	248.40	226.05	0.793 times
02 Sat Mar 2024	233.10	246.10	251.40	225.65	0.334 times
23 Fri Feb 2024	245.85	252.00	289.25	242.75	0.669 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
18 Mon Mar 2024	211.90	230.40	248.40	182.10	0.196 times
29 Thu Feb 2024	227.80	178.40	289.25	174.65	1.531 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

Mangalore Refinery Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 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 220.33 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.