Technicals for Mangalore Refinery and Petrochemicals Limited

Price Summary

On 2026-07-01, Mangalore Refinery and Petrochemicals Limited's stock began at 150.0, peaked at 150.57, declined to 147.7, and ended the day -1.25% down at 148.13, with 1810310 shares traded.
During the past 52 weeks, the highest stock price was 206.77, and the lowest was 121.65.

Technicals

Support and Resistance: The current price of 148.13 for MRPL is supported at 140.36 and faces resistance at 152.16. These levels indicate that 140.36 could act as a floor, while 152.16 might limit any further price increases.


Aroon: The persistent bearish trend in Aroon, with Aroon Down consistently at the 100 level, signals continued downward pressure. To gain a complete understanding of this trend, it should be explored further in conjunction with other technical indicators.


Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.


Parabolic SAR: The PSAR maintains a bearish outlook for MRPL, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued.


Stochastic: The Stochastic K-line's position below the D-line and under 20 suggests a mildly bearish market condition. This setup indicates potential downside risk, but the bearish signal is not very strong. Traders should watch for further developments before making any decisions.


Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral for MRPL, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.


When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.