MRPL has seen a good breakout on daily TF after almost a consolidation of 2 weeks with good volume on daily TF.
The company has increased institutional investing and a healthy QoQ growth for the last 2 quarters to add to strength.
Good for swing traders. Can hold for about 10 days.
Entry - INR 238.5 (Trade Initiated) SL - (DL) - INR 230 TSL - According to your risk profile.
Disclaimer: Please be advised that the information provided is not intended as financial advice. It is imperative to conduct thorough research before making any investment or trading decisions.
Order cancelled
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Crossed below trend line. Low momentum. Will re-enter incase a base develops again.