Overall Technical outlook

Price Summary

MRPL's shares experienced a significant -3.27% decrease, indicating a lacklustre market performance.
On 2025-04-25, Mangalore Refinery and Petrochemicals Limited's stock began at 141.75, peaked at 141.9, bottomed at 134.0, and closed -3.27% lower at 137.11, with a volume of 4473413 shares.
The stock reached its highest price of 254.05 and its lowest price of 101.4 during the 52-week period.

Technicals

Support and Resistance: At 137.11, the price is supported at 134.12 and faces resistance at 144.06. This range suggests that the price for MRPL might stay between these levels, with 134.12 acting as a floor and 144.06 as a ceiling.
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Support/Resistance for MRPL


Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
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Aroon chart for Mangalore Refinery and Petrochemicals Limited


Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Mangalore Refinery and Petrochemicals Limited. This suggests a period of market balance, where neither side is showing dominance.
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Bolinger Bands chart for Mangalore Refinery and Petrochemicals Limited


Parabolic SAR: The PSAR for MRPL maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment.
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Parabolic Stop and Reverse chart for Mangalore Refinery and Petrochemicals Limited


Stochastic: The K-line has dipped below the D-line on the stochastic indicator, even as it remains above 80, signaling the potential start of a bearish price move. This setup suggests that the market may be entering a period of weakening momentum, possibly leading to a decline. Investors should monitor the situation for additional bearish signals.
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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 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.
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Tripple SMA chart for Mangalore Refinery and Petrochemicals Limited


When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.