Free Point and Figure charts Alok Industries Ltd ALOKTEXT_BE share NSE Stock Exchange

Stock ALOKTEXT_BE - Share Alok Industries Ltd trades in NSE

Daily Support: 3.23
Daily Resistance: 3.38
5 Day Moving Average is 3.25
20 Day Moving Average is 3.14

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
Thu 30 Jan 2020	1.54%	3.30	3.30	3.35	3.20	3.97 times
Wed 29 Jan 2020	0%	3.15	3.25	3.35	3.10	5.2 times
Tue 28 Jan 2020	-1.52%	3.45	3.25	3.45	3.15	6.57 times
Mon 27 Jan 2020	4.76%	3.30	3.30	3.30	3.25	1.91 times
Fri 24 Jan 2020	5%	3.15	3.15	3.15	3.15	0.73 times
Thu 23 Jan 2020	3.45%	3.00	3.00	3.00	3.00	0.47 times
Wed 22 Jan 2020	3.57%	2.90	2.90	2.90	2.90	0.63 times
Tue 21 Jan 2020	3.7%	2.70	2.80	2.80	2.70	2.17 times
Mon 20 Jan 2020	-3.57%	2.80	2.70	2.80	2.70	1.37 times
Fri 17 Jan 2020	-3.45%	2.90	2.80	2.90	2.80	1.12 times

Point & Figure Charts for Alok Industries Ltd ALOKTEXT_BE

Point and Figure charts are best suited to find trend and reversal points of a stock.

Point & Figure charts can be used by long term investors, or even by short term swing traders. All you have to do is switch the Point & Figure BOX setting and Point & Figure Reversal settings below for Alok Industries Ltd ALOKTEXT_BE and you are good to go!

A swing trader can use 1% of the stocks current price as Point & Figure BOX, and the default 3 box as Reversal

A long term investor would be more comfortable with 2% to 5% Point and Figure BOX setting, and either 3 Box as Reversal, or 5 Box as Reversal

At MunafaSutra.com I use at least 250 data points to draw Point and Figure charts of Alok Industries Ltd ALOKTEXT_BE stock.