This idea is only for educational purposes Turnaround is happening in the company ( Added fundamental and technical ). i) Recently company received approval for the cancer medicine ii) Latest quarter's profit increased 5 times the previous quarter iii) Promoter, FII, and DII increased the stock holding iv) Technical points a) Above 3o weeks ema ...
MRPL may touch 120 soon because of below reasons i) At the day level it's making HH and HL ii) It's above 30 weeks and 40 weeks EMA ( Stage 2 ) iii) Latest Quarter's Profit is 12 times the previous quarter's and the Highest Profit made this time iv) They are selling Jet fuel every month v) Improved in OPM
i) it's making a cup and handle pattern ii) Latest Quarter EPS better than the previous quarter iii) FII and DII increased the stake iv) upcoming dividend 27 rs.