radha_23

Volume Breakout - Crossover Trade - MRPL

Long
NSE:MRPL   MANGALORE REF &PET
πŸ“Š Script: MRPL
πŸ“Š Sector: Refineries
πŸ“Š Industry: Refineries

Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is trading at upper band of BB and giving breakout of it.
πŸ“ˆ MACD is giving crossover.
πŸ“ˆ Double Moving Averages are giving crossover.
πŸ“ˆ Stock is moving along with volume which indicates Volume Breakout.
πŸ“ˆ Script may give some profit booking initially because today stock was up by almost 11%.
πŸ“ˆ Right now RSI is around 65.
πŸ“ˆ One can go for Swing Trade.

⏱️ C.M.P πŸ“‘πŸ’°- 248
🟒 Target πŸŽ―πŸ† - 280
⚠️ Stoploss ☠️🚫 - 236

⚠️ Important: Always maintain your Risk & Reward Ratio.

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

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