RSI & MRSI charts Majesco Limited MAJESCO_BE share NSE Stock Exchange

Stock MAJESCO_BE - Share Majesco Limited trades in NSE

Daily Support: 70.3
Daily Resistance: 74.15
5 Day Moving Average is 71.41
20 Day Moving Average is 72.25

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
Mon 26 Apr 2021	1.85%	70.00	71.55	72.90	69.05	-65.38%
Fri 23 Apr 2021	-2.36%	71.50	70.25	71.95	70.00	-60.69%
Thu 22 Apr 2021	-1.64%	69.95	71.95	72.75	69.95	-44.7%
Tue 20 Apr 2021	4.28%	72.85	73.15	73.55	67.65	-30.13%
Mon 19 Apr 2021	4.94%	66.40	70.15	70.15	65.05	-14.32%
Fri 16 Apr 2021	0.38%	66.50	66.85	67.00	66.50	-77.48%
Thu 15 Apr 2021	-0.3%	66.15	66.60	66.80	66.15	-76.19%
Tue 13 Apr 2021	0.83%	65.70	66.80	67.00	65.70	-71.36%
Mon 12 Apr 2021	-1.85%	67.10	66.25	67.30	65.10	-35.42%
Fri 09 Apr 2021	-0.81%	68.05	67.50	68.45	67.15	-74.04%

RSI & MunafaSutra RSI of Majesco Limited MAJESCO_BE 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.