RSI & MRSI charts Essar Oil Limited ESSAROIL share NSE Stock Exchange

Stock ESSAROIL - Share Essar Oil Limited trades in NSE under Integrated Oil & Gas

Daily Support: 131.5
Daily Resistance: 131.5
5 Day Moving Average is 260.68
20 Day Moving Average is 264.96

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
Tue 09 Feb 2016	0.04%	0.00	263.00	0.00	0.00	-100%
Mon 08 Feb 2016	1.49%	260.50	262.90	263.25	260.50	-78.21%
Wed 13 Jan 2016	0.29%	258.00	259.05	259.55	258.00	-94.31%
Mon 11 Jan 2016	-0.71%	260.15	258.30	260.25	257.00	92.25%
Sun 10 Jan 2016	0.02%	257.60	260.15	260.40	257.60	-9.79%
Thu 07 Jan 2016	0.19%	258.65	260.10	261.00	258.65	-58.72%
Wed 06 Jan 2016	-0.19%	259.50	259.60	260.10	258.15	-27.61%
Tue 05 Jan 2016	0.23%	258.55	260.10	260.30	258.55	-83.08%
Mon 04 Jan 2016	0.41%	258.15	259.50	260.40	258.15	22.36%
Sun 03 Jan 2016	-0.25%	258.00	258.45	259.60	258.00	-70.38%

RSI & MunafaSutra RSI of Essar Oil Limited ESSAROIL NSE

RSI & MRSI settings:

RSI & MRSI MunafaSutra trademark Charts

RSI is the Relative Strength Index and gives signals like over-bought, over-sold, and bullish or bearish divergences. Only the first setting above affects RSI.

MRSI is a MunafaSutra developed formula to measure the strength of bullish or bearish momentum. It gives clear indication if the trend is slowing down, or gaining momentum.

MRSI also gives buy and sell signals, shows divergences, information about over-bought or over-sold status, and trend direction of the stock. Both the settings above affect MRSI charts.