Overall Technical outlook

Price Summary

Mangalore Refinery and Petrochemicals Limited's stock started trading at 145.5 on 2025-07-16, climbed to 148.31, fell to 144.54, and closed 1.0% up at 146.96, with 2093763 shares traded.
The highest price the stock achieved in the past 52 weeks is 229.13, while the lowest price it saw is 101.4.

Technicals

Support and Resistance: With the current price at 146.96, support is found at 143.88 and resistance at 149.97. These levels indicate where buyers might step in at 143.88, while sellers could limit gains at 149.97, defining a trading boundary for Mangalore Refinery and Petrochemicals Limited.
MRPL supportResistance decedf
Support/Resistance for MRPL


Aroon: The AROON 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.
MRPL aroon decedf
Aroon chart for Mangalore Refinery and Petrochemicals Limited


Bol. Bands: The BOLL BANDS 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.
MRPL bbands decedf
Bolinger Bands chart for Mangalore Refinery and Petrochemicals Limited


Parabolic SAR: The PSAR maintains a bearish stance, establishing a resistance level that could act as a barrier to any upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, keeping prices in check.
MRPL psar decedf
Parabolic Stop and Reverse chart for Mangalore Refinery and Petrochemicals Limited


Stochastic: The current state of the STOCHASTIC 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.
MRPL stoch decedf
Stochastic chart for Mangalore Refinery and Petrochemicals Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that the bearish momentum is starting to weaken for Mangalore Refinery and Petrochemicals Limited. This could be an early sign of a potential bullish reversal, as the market's downward trend loses strength, possibly leading to a shift towards more positive price action.
MRPL trippleSMA decedf
Tripple SMA chart for Mangalore Refinery and Petrochemicals Limited


To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.