Free Point and Figure charts Bharat Heavy Electricals Limited BHEL share NSE Stock Exchange

Stock BHEL - Share Bharat Heavy Electricals Limited trades in NSE under Heavy Electrical Equipment

Daily Support: 229.68
Daily Resistance: 240.13
5 Day Moving Average is 239.92
20 Day Moving Average is 258.85

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 20 Dec 2024	-2.87%	242.25	235.30	244.95	234.50	0.53 times
Thu 19 Dec 2024	1%	232.45	242.25	243.05	232.00	0.47 times
Wed 18 Dec 2024	0%	243.00	239.85	243.40	237.50	0.41 times
Wed 18 Dec 2024	-1.03%	243.00	239.85	243.40	237.50	0.41 times
Tue 17 Dec 2024	-2.12%	246.80	242.35	250.50	241.20	0.32 times
Mon 16 Dec 2024	2%	242.75	247.60	248.20	242.35	0.37 times
Fri 13 Dec 2024	-0.72%	244.00	242.75	244.15	237.35	0.39 times
Thu 12 Dec 2024	-3.63%	253.80	244.50	254.45	244.00	0.59 times
Wed 11 Dec 2024	2.05%	251.00	253.70	254.40	248.60	0.46 times
Tue 10 Dec 2024	-0.38%	250.15	248.60	255.65	247.60	0.56 times

Point & Figure Charts for Bharat Heavy Electricals Limited BHEL

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 Bharat Heavy Electricals Limited BHEL 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 Bharat Heavy Electricals Limited BHEL stock.