MRPL bullish engulfing pattern.
Script is in the down trend since last 6 month.
On 16/04/2018, has formed a red doji hammer with volume spurt at the downtrend, which is a bullish sign
On 20/04/2018, Green candle has formed, which has engulfed the previous candle.[ volume average]
Entry at Rs. 108.40
Stop loss Rs. 104.40.
Target Rs. 112.40.
Risk Rs. 4
Risk Reward Ratio is 1:1