RSI & MRSI charts Sumit Woods Limited SUMIT share NSE Stock Exchange

Stock SUMIT - Share Sumit Woods Limited trades in NSE

Daily Support: 76.75
Daily Resistance: 83.6
5 Day Moving Average is 68.46
20 Day Moving Average is 60.36

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 Apr 2024	9.66%	74.90	80.05	80.30	73.45	141.64%
Mon 08 Apr 2024	9.94%	65.50	73.00	73.00	64.05	144.06%
Fri 05 Apr 2024	5.56%	69.15	66.40	69.15	63.10	287.12%
Thu 04 Apr 2024	4.92%	62.90	62.90	62.90	62.90	-76.37%
Wed 03 Apr 2024	4.99%	59.90	59.95	59.95	59.90	-85.7%
Tue 02 Apr 2024	4.96%	56.00	57.10	57.10	55.95	-43.12%
Mon 01 Apr 2024	4.92%	51.85	54.40	54.40	51.85	-76.9%
Thu 28 Mar 2024	-1.14%	54.95	51.85	54.95	50.30	-77.87%
Wed 27 Mar 2024	-3.41%	54.35	52.45	55.70	52.15	-64.72%
Tue 26 Mar 2024	0.84%	55.85	54.30	56.50	52.00	-48.4%

RSI & MunafaSutra RSI of Sumit Woods Limited SUMIT 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.