MRPL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | MRPL | Market Cap | 26,394 Cr. | Current Price | 151 ₹ | High / Low | 215 ₹ |
| Stock P/E | 13.7 | Book Value | 80.8 ₹ | Dividend Yield | 2.66 % | ROCE | 17.7 % |
| ROE | 14.2 % | Face Value | 10.0 ₹ | DMA 50 | 166 ₹ | DMA 200 | 163 ₹ |
| Chg in FII Hold | 1.36 % | Chg in DII Hold | -0.71 % | PAT Qtr | 119 Cr. | PAT Prev Qtr | 1,445 Cr. |
| RSI | 39.2 | MACD | -6.65 | Volume | 35,82,554 | Avg Vol 1Wk | 32,49,835 |
| Low price | 120 ₹ | High price | 215 ₹ | PEG Ratio | -1.37 | Debt to equity | 1.08 |
| 52w Index | 31.9 % | Qtr Profit Var | -67.1 % | EPS | 11.0 ₹ | Industry PE | 14.6 |
📈 Chart & Momentum Analysis
- Current price (₹151) is below DMA 50 (₹166) and DMA 200 (₹163), showing short-term and medium-term weakness.
- RSI at 39.2 indicates weak momentum, leaning toward oversold territory.
- MACD at -6.65 is negative, confirming bearish bias.
- Bollinger Bands: Price near lower band, suggesting downside pressure.
- Volume (35.8L) is slightly above average weekly volume (32.5L), showing active participation but likely driven by selling.
🎯 Entry & Exit Zones
- Optimal entry: ₹145–₹150 (support near oversold zone).
- Exit/Profit zone: ₹160–₹165 (resistance near DMA 200).
- Stop-loss: ₹140 (support zone).
📊 Trend Status
- The stock is reversing downward with bearish momentum, struggling to regain strength above moving averages.
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Positive
✔ EPS at ₹11.0 reflects profitability.
✔ ROE (14.2%) and ROCE (17.7%) show moderate efficiency.
✔ Dividend yield at 2.66% adds investor appeal.
✔ FII holding increased (+1.36%).
Limitation
⚠ Trading below DMA 50 & DMA 200.
⚠ RSI weak, MACD negative.
⚠ PEG ratio (-1.37) indicates unsustainable growth outlook.
⚠ Debt-to-equity at 1.08 shows high leverage.
Company Negative News
📉 PAT dropped sharply (₹1,445 Cr. → ₹119 Cr., -67.1%).
📉 DII holding reduced (-0.71%).
📉 Efficiency metrics weaker compared to peers.
Company Positive News
📈 FII accumulation (+1.36%) signals confidence.
📈 Dividend yield supports investor interest.
📈 Strong trading volume reflects active market participation.
Industry
🛢 Oil refining sector PE at 14.6, MRPL trades in line (PE 13.7).
🛢 Sector outlook remains cyclical with demand recovery trends but volatility persists.
Conclusion
🔎 MRPL is reversing downward with bearish signals. Best strategy is cautious accumulation near ₹145–₹150 and profit booking around ₹160–₹165. A breakout above ₹166 (DMA 50) would confirm bullish reversal toward ₹175+.
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