Overall Technical outlook

Price Summary

Mangalore Refinery and Petrochemicals Limited's stock, on 2025-06-13 opened at 139.0, climbed to a high of 141.8, dropped to a low of 138.12, and closed up -0.06% at 138.92, with 2042816 shares traded.
During the 52-week span, the stock hit a high of 241.91 and a low of 101.4.

Technicals

Support and Resistance: At 138.92, the price is supported at 134.12 and faces resistance at 142.38. This range suggests that the price for MRPL might stay between these levels, with 134.12 acting as a floor and 142.38 as a ceiling.
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Support/Resistance for MRPL


Aroon: AROON is currently reflecting a strong bearish trend, with Aroon Down moving higher and the Aroon Oscillator remaining low for MRPL. This combination suggests that the downward trend is likely to persist, indicating sustained bearish momentum. The low reading of the Aroon Oscillator suggests further weakness.
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Aroon chart for Mangalore Refinery and Petrochemicals Limited


Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
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Bolinger Bands chart for Mangalore Refinery and Petrochemicals Limited


Parabolic SAR: The PSAR continues its bearish outlook, setting a key resistance level that could limit upward potential. This resistance suggests that the market may struggle to break higher, reflecting ongoing bearish pressure for MRPL.
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Parabolic Stop and Reverse chart for Mangalore Refinery and Petrochemicals Limited


Stochastic: The current state of the STOCHASTIC 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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Stochastic chart for Mangalore Refinery and Petrochemicals Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening of momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend weakens for Mangalore Refinery and Petrochemicals Limited.
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Tripple SMA chart for Mangalore Refinery and Petrochemicals Limited


In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.