RSI & MRSI charts Tata Sponge Iron Limited TATASPONGE share NSE Stock Exchange

Stock TATASPONGE - Share Tata Sponge Iron Limited trades in NSE under Iron & Steel

Daily Support: 431.38
Daily Resistance: 448.88
5 Day Moving Average is 431.01
20 Day Moving Average is 462.93

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 30 Aug 2019	2.29%	427.00	435.75	444.50	427.00	-22.28%
Thu 29 Aug 2019	-1.55%	430.00	426.00	438.00	422.10	-79.23%
Wed 28 Aug 2019	-1.92%	444.00	432.70	444.00	430.00	-74.94%
Tue 27 Aug 2019	5.17%	425.00	441.15	448.00	424.05	-30.75%
Mon 26 Aug 2019	1.67%	427.95	419.45	427.95	410.00	-75.49%
Fri 23 Aug 2019	-1.06%	415.10	412.55	422.30	408.55	-75.95%
Thu 22 Aug 2019	-3.95%	434.10	416.95	434.70	415.00	-75.62%
Wed 21 Aug 2019	-1.39%	440.30	434.10	446.75	432.50	-81.21%
Tue 20 Aug 2019	-0.98%	445.00	440.20	447.85	438.95	-90.77%
Mon 19 Aug 2019	0.55%	443.00	444.55	452.00	443.00	-80.18%

RSI & MunafaSutra RSI of Tata Sponge Iron Limited TATASPONGE 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.