Overall Technical outlook

Price Summary

The stock of MRPL declined -2.5% today, reflecting a poor market performance.
On 2026-04-09, Mangalore Refinery and Petrochemicals Limited's stock opened at 180.75, reached 181.95, hit a low of 175.8, and rose -2.5% to close at 176.24, with 5300693 shares traded.
Throughout the 52-week period, the stock hit a high of 206.55 and a low of 0.0.

Technicals

Support and Resistance: The current price of 176.24 for MRPL finds support at 172.49 and resistance at 182.93. These levels define a range in which the price might oscillate, with 172.49 as a potential support and 182.93 as a resistance level.
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Support/Resistance for MRPL


Aroon: The current state of the AROON 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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Aroon chart for Mangalore Refinery and Petrochemicals Limited


Bol. Bands: The BOLL BANDS is in a neutral stance for MRPL, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Bolinger Bands chart for Mangalore Refinery and Petrochemicals Limited


Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for MRPL. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check.
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Parabolic Stop and Reverse chart for Mangalore Refinery and Petrochemicals Limited


Stochastic: The Stochastic K-line has moved below both the D-line and the 20 level, reflecting a mildly bearish signal for MRPL. This suggests that the market might encounter some downward pressure, but the overall bearish tone is moderate. Traders should remain observant for any further indications of a downturn.
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Stochastic chart for Mangalore Refinery and Petrochemicals Limited


Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for MRPL, with no strong trend emerging.
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Tripple SMA chart for Mangalore Refinery and Petrochemicals Limited


Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.