MRPL
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MRPL Long

MRPL is trading in range (consolidation) from Feb 2024 as per the daily time frame charts.

Stock is making symmetrical triangle pattern as per the charts. Stock will breakup from the long period of consolidation and is likely move up considering trend in markets and lower crude prices. Also, there is squeeze in Bollinger bands and RSI is in the buying zone.

Entry at current market price of 201

Immediate targets will be 216-220

Stop loss will be 195.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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Chart PatternsTechnical IndicatorsTrend Analysis

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