Stock analysis Mangalore Refinery and Petrochemicals Limited MRPL
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Recent prices of MRPL Mangalore Refinery and Petrochemicals Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 18 Thu Apr 2024 | 223.15 | 221.80 to 233.70 | -1% | 0.76 times |
| 16 Tue Apr 2024 | 225.40 | 221.05 to 228.40 | 1.12% | 0.69 times |
| 15 Mon Apr 2024 | 222.90 | 209.10 to 229.80 | 0.45% | 1.76 times |
| 12 Fri Apr 2024 | 221.90 | 220.80 to 230.90 | -0.72% | 1.08 times |
| 10 Wed Apr 2024 | 223.50 | 222.40 to 229.40 | -1.63% | 0.57 times |
| 09 Tue Apr 2024 | 227.20 | 225.00 to 235.30 | -2.55% | 0.54 times |
| 08 Mon Apr 2024 | 233.15 | 232.35 to 241.35 | -2.14% | 0.58 times |
| 05 Fri Apr 2024 | 238.25 | 230.05 to 242.60 | 1.4% | 1.07 times |
| 04 Thu Apr 2024 | 234.95 | 232.50 to 239.80 | -1.16% | 0.54 times |
| 03 Wed Apr 2024 | 237.70 | 236.00 to 244.90 | -0.04% | 1.42 times |
| 02 Tue Apr 2024 | 237.80 | 231.00 to 239.90 | 3.96% | 1.75 times |
| 01 Mon Apr 2024 | 228.75 | 219.00 to 229.50 | 4.67% | 1.08 times |
Technical analysis forecast for Mangalore Refinery and Petrochemicals Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Mangalore Refinery and Petrochemicals Limited MRPL at this time. Stock is falling and might fall more.
It appears as if Mangalore Refinery and Petrochemicals Limited MRPL gave a large move recently.
Stock of Mangalore Refinery and Petrochemicals Limited (MRPL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Mangalore Refinery and Petrochemicals Limited is bearish for shortterm, and stock might move down till 218.2 or till 209.4. Use a stoploss of 225.48 and if the stock hits stoploss, then it can shoot up till 232.8