Overall Technical outlook

Price Summary

In today's trading, Mangalore Refinery and Petrochemicals Limited's stock slid by -2.83%, showcasing an lousy market day.
On 2025-09-04, Mangalore Refinery and Petrochemicals Limited's stock began at 128.63, peaked at 128.9, bottomed at 124.21, and closed -2.83% lower at 124.99, with a volume of 1281816 shares.
The stock's highest value over the last 52 weeks is 201.91, and the lowest value is 101.4.

Technicals

Support and Resistance: The price sits at 124.99, supported by 119.33 and resisted by 129.18. This indicates a trading range where 119.33 provides a floor, preventing declines, and 129.18 acts as a ceiling, limiting further price increases for MRPL.
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Support/Resistance for MRPL


Aroon: The AROON indicator is currently reflecting a strong bullish trend, as the Aroon Up has increased and the Aroon Oscillator has reversed. These signals suggest a reversal to an upward trend, indicating that market sentiment is shifting towards optimism. Investors might expect further upward movement, with the potential for continued gains in the market.
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Aroon chart for Mangalore Refinery and Petrochemicals Limited


Bol. Bands: The price's movement below the upper Bollinger Band hints at a potential downward shift. This signal might indicate that the asset's bullish momentum for MRPL is weakening and that a decline could be on the horizon. Traders often see this as a sign of an overbought condition, suggesting that a correction or pullback is likely, and that careful consideration of trading positions is necessary.
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Bolinger Bands chart for Mangalore Refinery and Petrochemicals Limited


Parabolic SAR: The PSAR continues to be bullish for MRPL, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement.
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Parabolic Stop and Reverse chart for Mangalore Refinery and Petrochemicals Limited


Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation.
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Stochastic chart for Mangalore Refinery and Petrochemicals Limited


Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play.
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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.