Free Point and Figure charts MRCEXIM 540809 share BSE Stock Exchange

Stock 540809 - Share MRCEXIM trades in BSE

Daily Support: 15.6
Daily Resistance: 16.85
5 Day Moving Average is 16.62
20 Day Moving Average is 17.22

If a stock is trading above it's 5 day and 20 day moving averages, it's considered good for a trade! The support & resistance points are valid for intra day.

Also take a look at technical analysis reports for more details like moving averages, support and resistance.

Date	Change	Open	Close	High	Low	Volume
Fri 20 Dec 2024	-4.41%	17.45	16.24	17.45	16.20	2.03 times
Thu 19 Dec 2024	0.53%	17.00	16.99	17.20	16.10	2.57 times
Wed 18 Dec 2024	0.9%	16.42	16.90	17.05	16.03	5.73 times
Tue 17 Dec 2024	3.33%	16.19	16.75	16.80	15.56	4.52 times
Mon 16 Dec 2024	2.79%	15.64	16.21	16.25	15.11	1.88 times
Fri 13 Dec 2024	1.87%	15.65	15.77	15.80	14.90	1.35 times
Thu 12 Dec 2024	0.26%	15.02	15.48	15.74	14.67	2.94 times
Wed 11 Dec 2024	-4.98%	15.60	15.44	16.19	15.44	0.74 times
Tue 10 Dec 2024	-0.91%	16.55	16.25	16.55	15.65	3.22 times
Mon 09 Dec 2024	1.61%	16.18	16.40	16.87	15.55	4.34 times

Point & Figure Charts for MRCEXIM 540809

Point and Figure charts are best suited to find trend and reversal points of a stock.

Point & Figure charts can be used by long term investors, or even by short term swing traders. All you have to do is switch the Point & Figure BOX setting and Point & Figure Reversal settings below for MRCEXIM 540809 and you are good to go!

A swing trader can use 1% of the stocks current price as Point & Figure BOX, and the default 3 box as Reversal

A long term investor would be more comfortable with 2% to 5% Point and Figure BOX setting, and either 3 Box as Reversal, or 5 Box as Reversal

At MunafaSutra.com I use at least 250 data points to draw Point and Figure charts of MRCEXIM 540809 stock.