PVM Price Volume Measure charts Electrosteel Steels Ltd ELECTROSL_BE share NSE Stock Exchange

Stock ELECTROSL_BE - Share Electrosteel Steels Ltd trades in NSE under REAL_ESTATE_INVESTMENT_TRUST

Daily Support: 31
Daily Resistance: 31
5 Day Moving Average is 34.4
20 Day Moving Average is 34.57

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
Wed 12 Dec 2018	-4.91%	31.00	31.00	31.00	31.00	-4.46%
Tue 11 Dec 2018	-4.96%	32.60	32.60	32.60	32.60	-19.4%
Mon 10 Dec 2018	-4.99%	34.30	34.30	34.30	34.30	-94.9%
Fri 07 Dec 2018	-5%	36.10	36.10	36.10	36.10	-79.92%
Thu 06 Dec 2018	-4.88%	38.00	38.00	38.00	38.00	-91.2%
Wed 05 Dec 2018	-4.99%	39.95	39.95	39.95	39.95	-55.53%
Tue 04 Dec 2018	-4.97%	46.45	42.05	46.45	42.05	391.89%
Mon 03 Dec 2018	4.98%	44.25	44.25	44.25	44.25	-69.36%
Fri 30 Nov 2018	4.98%	42.15	42.15	42.15	42.15	-61.2%
Thu 29 Nov 2018	4.97%	40.15	40.15	40.15	40.15	-37.56%

PVM Price Volume Measure chartss of daily price volume action, Weekly price volume action, Monthly price volume action of Electrosteel Steels Ltd ELECTROSL_BE NSE

Data to use: Smooth by:

PVM MunafaSutra trademark Charts

PVM is short for Price Volume Measure. These charts are exclusive by MunafaSutra, and measure Price and volume changes for a given time period.

PVM measures the amount of volume gained during a stock price fall, or a stock price rise.

What we are looking for are long volume (gray) bars, and a corresponding long price bar. Green in case of price rise, and red in case of price fall. Look for the arrow like structures made by the bars to take a successful trade!