RSI & MRSI charts Mercator Limited MERCATOR share NSE Stock Exchange

Stock MERCATOR - Share Mercator Limited trades in NSE under Diversified

Daily Support: 1.8
Daily Resistance: 1.8
5 Day Moving Average is 1.72
20 Day Moving Average is 1.82

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 24 May 2022	2.86%	1.80	1.80	1.80	1.80	-93.05%
Mon 23 May 2022	2.94%	1.75	1.75	1.75	1.75	-86.18%
Fri 20 May 2022	3.03%	1.60	1.70	1.70	1.60	-72.65%
Thu 19 May 2022	-2.94%	1.70	1.65	1.70	1.65	-51.27%
Wed 18 May 2022	3.03%	1.70	1.70	1.70	1.70	-93.86%
Tue 17 May 2022	3.12%	1.65	1.65	1.65	1.65	-54.42%
Mon 16 May 2022	3.23%	1.55	1.60	1.60	1.50	-43.96%
Fri 13 May 2022	0%	1.55	1.55	1.55	1.50	-51.37%
Thu 12 May 2022	-3.13%	1.55	1.55	1.60	1.55	-61.19%
Wed 11 May 2022	-3.03%	1.60	1.60	1.60	1.60	-75.27%

RSI & MunafaSutra RSI of Mercator Limited MERCATOR 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.