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MRPL downside channel breakout

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MANGALORE REF &PET (NSE:MRPL)  
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NSE:MRPL   MANGALORE REF &PET
MRPL
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mrpl
MRPL has been trading in uptrend and it closed on weekend making downside channel breakout,the stock may see downside upto the fibo 23% level around 123 in near term.
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