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: 224.19
Daily Resistance: 235.03
5 Day Moving Average is 240.15
20 Day Moving Average is 252.46

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 12 Nov 2024	-3.76%	239.40	230.22	239.84	229.00	0.61 times
Mon 11 Nov 2024	0.08%	237.40	239.22	242.45	234.81	0.44 times
Fri 08 Nov 2024	-2.15%	245.00	239.04	245.50	237.40	0.55 times
Thu 07 Nov 2024	-1.49%	248.39	244.29	249.40	243.90	0.48 times
Wed 06 Nov 2024	5.41%	237.50	247.98	249.20	236.13	1.34 times
Tue 05 Nov 2024	0.8%	234.00	235.25	236.40	229.50	0.68 times
Mon 04 Nov 2024	-3.55%	242.95	233.39	242.95	230.80	1 times
Fri 01 Nov 2024	1.24%	240.90	241.97	243.00	240.50	0.19 times
Thu 31 Oct 2024	1.01%	236.50	239.00	240.80	232.85	0.83 times
Wed 30 Oct 2024	0.68%	234.95	236.60	243.10	230.75	1.24 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.