Buy MRPL with stoploss of Rs 56: Arihant

MUMBAI: Arihant Capital Market is bullish on MRPL. It has advised traders to buy the stock with a stop-loss of Rs 56.

"MRPL is looking strong on daily charts. The stock has formed a trend reversal pattern on EOD chart. One can buy MRPL at Rs 62.55 with closing below stop loss of Rs 56 for a target price of Rs 70-72," the technical note said.