MRPL - Weekly Chart Analysis

Retest Zone Identified: The price has returned to a key historical retest zone near ₹157, which has acted as significant resistance in the past and is now being tested as a support level.

Historical Context: After a strong breakout above this level, the stock rallied significantly, indicating the importance of this zone. The retest suggests potential accumulation in this area.

Price Action: The price seems to be forming a base in the highlighted support zone, showing a possibility of upward momentum if this level holds.

Future Projection: A potential bullish scenario has been illustrated with a dotted purple line, suggesting a move towards ₹264 and beyond if the retest is successful and buying interest resumes.

Key Levels to Watch:
Support: ₹135-₹157 (Green Zone)
Resistance: ₹264 (Next Major Resistance)

Conclusion: MRPL is at a critical juncture. If the retest zone holds, it could present a strong buying opportunity for a potential long-term uptrend. Traders should monitor this zone closely for confirmation of bullish momentum.