Mangalore Refinery and Petrochemicals

What to do

Posted by : supuni
Price when posted : BSE: Rs 90.40 ( 2.38 % ), NSE: Rs. 90.45 ( 2.49 % )

mrpl has strong resistance at 93 if it crosses 93 and reains stable then you can expect it to touch 100 levels otherwise its safe to exist at 93.

89 is very high price and holding is risky once nifty slips it will quickly slide back to 82 levels and then 76 levels. ...

What to do

Posted by : Shargu
Price when posted : BSE: Rs 88.40 ( 5.05 % ), NSE: Rs. 88.50 ( 5.11 % )

Bought 1000 @ 89 should it go to 98-100????please advice...

What Should I do ???

Posted by : supuni
Price when posted : BSE: Rs 88.40 ( 5.05 % ), NSE: Rs. 88.50 ( 5.11 % )

MRPL seems set to cross 93 buy at 84-85 sell at 93+
rgds
...

buy mrpl for short term

Posted by : pratikshah83
Price when posted : BSE: Rs 84.95 ( 1.68 % ), NSE: Rs. 85.05 ( 1.61 % )

source : swingtradingtips.blogspot. com...

TARGET RS 95

Posted by : investorbull
Price when posted : BSE: Rs 84.95 ( 1.68 % ), NSE: Rs. 85.05 ( 1.61 % )

Hi agree this is going to achieve this target......

TARGET RS 95

Posted by : 300567
Price when posted : BSE: Rs 84.55 ( 1.20 % ), NSE: Rs. 84.50 ( 0.96 % )

THIS IS GOING TO BE ACHIEVED IN 2-3 TRADING SESSIONS...

What Should I do ???

Posted by : psgs
Price when posted : BSE: Rs 82.65 ( -0.48 % ), NSE: Rs. 83.00 ( -0.18 % )

yes, it can slide to 69 levels easily if the market corrects this way in the next week too. but it recovered smartly from 80 to 83 today. that shows short term is strong. bye supuni. thanks for the reply....

What Should I do ???

Posted by : supuni
Price when posted : BSE: Rs 82.80 ( -0.30 % ), NSE: Rs. 82.90 ( -0.30 % )

thanks psgs
but i feel one can exit around 85-86 levels before expiry, then if market falls it can slide upto 69 levels easily
regards
supuni...

MRPL waiting for a breakout

Posted by : psgs
Price when posted : BSE: Rs 80.80 ( -2.71 % ), NSE: Rs. 80.80 ( -2.83 % )

hi mukut,
45-50 looks scary man. how can it go to such low levels if they have 1800 capex plans. also in the next 3 quarters, mrpl`s results will be fine. nothing to worry i guess as GRM`s will be normally low for all oil sector companies in Q1. even ONGC and RIL reported bad earnings. maximum mrpl can be seen at 60 levels.
swamy.
...

What Should I do ???

Posted by : psgs
Price when posted : BSE: Rs 81.80 ( -1.51 % ), NSE: Rs. 80.75 ( -2.89 % )

u should remain invested. there is no problem. the stock will again go to 100-105 levels if u can wait for next 3 months.
swamy....

What Should I do ???

Posted by : psgs
Price when posted : BSE: Rs 81.80 ( -1.51 % ), NSE: Rs. 81.20 ( -2.35 % )

Hi chandru,
yes its a gem. but only @ 70 levels. bcoz results are bad.
swamy.
...

What Should I do ???

Posted by : psgs
Price when posted : BSE: Rs 81.60 ( -1.75 % ), NSE: Rs. 81.80 ( -1.62 % )

hi supuni,
mrpl results were indeed very bad. i wonder how can the results of mrpl could be so volatile year after year with 50% profit movements. yes, oil sector especially with ongc moving up smartly in todays opening trade could be in the limelight today. and mrpl is struggling a big @ 82. i think one can go short in this counter as the results were bad. 86-88 can be easily forgotten for the time being. better to be on the short side till 74-76 is reach in this week. ur take please?
swamy
...

What Should I do ???

Posted by : supuni
Price when posted : BSE: Rs 84.30 ( 1.51 % ), NSE: Rs. 84.30 ( 1.38 % )

despite bad results mrpl maintaining 82-84. and today oil sector is a little bullish, may be will touch 86-88.if nifty cooperates, but nifty playing see saw between red and green...

NSE Announcements on MRPL

Posted by : MMB Messenger
Price when posted : [MRPL - BSE:Rs. 81.65 NSE:Rs. 36.80 when posted]

Mangalore Refinery And Petrochemicals Ltd. has informed the Exchange that the Annual General Meeting of the Shareholders of the Company will be held on September 19, 2009. Further, the Register of Members and Share Transfer Register of the Company will remain closed from August 08, 2009 to August 22, 2009 (both days inclusive) for the purpose of AGM and payment of Dividend....

BSE Announcements on MRPL

Posted by : MMB Messenger
Price when posted : [MRPL - BSE:Rs. 81.65 NSE:Rs. 36.80 when posted]

Mangalore Refinery & Petrochemicals Ltd (MRPL) has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 08, 2009 to August 22, 2009 (both days inclusive) for the purpose of payment of dividend & 21st Annual General Meeting (AGM) of the Company to be held on September 19, 2009....