MRPL Breaks Out with Strong Momentum!
MRPL has delivered a powerful follow-through to its V-shaped recovery, surging 7.91% in today’s session.
As highlighted in our previous view, the stock has successfully breached the immediate hurdles with significant volume backing.
The stock has surged past the "cooling zone" of ₹170 we discussed, confirming aggressive buyer dominance.
Today’s price action is supported by a sharp spike in participation, suggesting this isn't just a retracement but a trend continuation.
The stock is now fast-approaching our primary resistance zone of ₹180 - ₹185 (November peaks).
The previous resistance near ₹165 will now act as immediate support for any minor pullbacks.
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