Overall Technical outlook

Price Summary

On 2026-03-02, MRPL's stock opened at 187.75, reached a peak of 193.3, dropped to 185.6, and ended 0.4% higher at 188.51, with a volume of 6542515 shares.
Over the past 52 weeks, the stock reached a maximum price of 200.1 and a minimum price of 101.4.

Technicals

Support and Resistance: The price for MRPL is 188.51, with support at 182.93 and resistance at 193.72. This suggests a range where 182.93 acts as a base, preventing declines, and 193.72 caps gains, defining key trading levels.
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Support/Resistance for MRPL


Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
MRPL aroon d2625a
Aroon chart for Mangalore Refinery and Petrochemicals Limited


Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging.
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Bolinger Bands chart for Mangalore Refinery and Petrochemicals Limited


Parabolic SAR: The PSAR for MRPL continues to indicate a bearish outlook, reinforcing a resistance level that could limit upward potential. This suggests that the market may remain under bearish control, with resistance acting as a barrier to significant upward movement.
MRPL psar d2625a
Parabolic Stop and Reverse chart for Mangalore Refinery and Petrochemicals Limited


Stochastic: The current reading of the STOCHASTIC 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.
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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 momentum could indicate that the bearish trend for MRPL is losing steam, possibly leading to a bullish reversal in the near future. Investors should watch for signs of a market turnaround as the current downtrend shows signs of faltering.
MRPL trippleSMA d2625a
Tripple SMA chart for Mangalore Refinery and Petrochemicals Limited


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.