Stock to buy today: MRPL (₹155.35)

The stock of Mangalore Refinery and Petrochemicals Limited (MRPL) has been gradually appreciating since March last year. However, after facing resistance at ₹180 in November, the price saw some moderation. Nevertheless, it has now found support at ₹138 where a rising trendline and the 50-day moving average coincides. Even as the broader market has been facing notable selling pressure, the stock of MRPL has been able to stay steady and outperform key indices. We expect it to begin next leg of uptrend from the current level and reach ₹198 in the near future. So, buy the stock now at ₹155 with a stop-loss at ₹132. When the price rises to ₹175, trail the stop-loss to ₹158. On a rally to ₹185, alter the stop-loss to ₹178. Book profits at ₹198.

Video Credit: Businessline

(Note: The recommendations are based on technical analysis. There is a risk of loss in trading.)

Published on January 27, 2026