Overall Technical outlook

Price Summary

Mangalore Refinery and Petrochemicals Limited's stock opened at 176.42 on 2026-01-30, surged to 178.19, dropped to 173.31, and ended 0.07% higher at 176.54, with 9703982 shares traded.
The highest price the stock achieved in the past 52 weeks is 183.52, while the lowest price it saw is 101.4.

Technicals


Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.
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Aroon chart for Mangalore Refinery and Petrochemicals Limited


Bol. Bands: The price remains above the upper Bollinger Band, where it has been since its last upward move. This indicates strong bullish momentum and suggests that the asset could be in an overbought condition. Traders might view this as a sign of continued strength, but the extended period above the band also raises the possibility of an impending correction or pullback.
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Bolinger Bands chart for Mangalore Refinery and Petrochemicals Limited


Parabolic SAR: The PSAR for MRPL continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement.
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Parabolic Stop and Reverse chart for Mangalore Refinery and Petrochemicals Limited


Stochastic: The stochastic indicator shows a bullish signal, with the K-line exceeding both the D-line and the 80 mark. This setup suggests strong upward momentum, implying that the market may continue to rise. Investors could consider this a favorable sign for continued market growth for Mangalore Refinery and Petrochemicals Limited.
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Stochastic chart for Mangalore Refinery and Petrochemicals Limited


Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
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Tripple SMA chart for Mangalore Refinery and Petrochemicals Limited


A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.