MRPL - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 2.7

⚠️ Intraday Trade Analysis for MRPL

MRPL currently lacks the technical momentum and fundamental strength needed for a high-confidence intraday trade. While volume is elevated today, the underlying indicators suggest a cautious approach.

🔍 Technical & Momentum Overview

RSI (58.5): Neutral zone — no clear bullish or bearish bias.

MACD (-0.09): Slightly negative, indicating weak momentum.

Price Action: Hovering around 50 DMA (₹130), but below 200 DMA (₹140), showing short-term indecision and medium-term weakness.

Volume: Today’s volume (23.1L) is significantly above the 1-week average (16.6L), suggesting speculative interest — but not necessarily strength.

📉 Fundamental Snapshot

Profitability: PAT dropped from ₹363 Cr. to ₹-272 Cr. — a sharp reversal.

Valuation: No valid P/E or PEG due to negative earnings.

Debt: Debt-to-equity at 1.02 — relatively high for intraday comfort.

ROE/ROCE: Extremely low (ROE 0.40%, ROCE 4.36%) — poor capital efficiency.

EPS: Negative at ₹-1.64 — not favorable for short-term confidence.

🎯 Optimal Buy Price for Today

Buy Zone: ₹128–₹130

Entry near 50 DMA offers a tight risk-reward setup. Avoid chasing above ₹132 unless MACD turns positive and volume sustains.

📈 Exit Levels for Profit-Taking & Stop-Loss

Strategy Price Level (₹) Rationale

Target 1 134 Minor resistance zone

Target 2 137 Momentum extension target

Stop-Loss 126 Below recent support

🕒 If You Already Hold MRPL Today

Exit on Weakness

Price drops below ₹126 with rising volume.

RSI dips below 55 or MACD widens negatively.

Exit on Strength

Price nears ₹134–₹137 with declining volume or bearish divergence.

Watch for reversal candles or lower highs on 5-min chart.

This setup is best suited for cautious scalping rather than aggressive intraday plays. Let me know if you'd like to compare MRPL with stronger candidates in the energy or refining sector.

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