Wednesday, 19 April 2017

MRPL- Hot stock to trade in 2017

Mangalore Refinery And Petrochemicals Ltd

This stock is currently trading at Rs.125/- on NSE with more than 2 times volume of its weekly average volume. One should buy it with strict stop-loss of Rs.120/- for short term target of Rs.148 to Rs.152/-. Short Investor should hold this stock with same stop-loss of Rs.120/-. This momentum in the stock may be continue. One should hold it patiently with above said stop-loss. This stock is trading at its multiyear high and has a good potential to make new high. In current scenario it is looking good. 

Discloser-


 I am not registered with SEBI and also not have any financial interest over any particular stock. Here  I share only my personal views and ideas of trading and investing in the Indian stock market. Before investing or trading one should consult his professional adviser or should take his own decision. I will not be responsible for any loss or profit due to trade or invest through effecting by my ideas or views. Before trading or investing one should apply his own mind or consult his professional financial adviser.
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