Free Point and Figure charts Binani Industries Ltd BINANIIND_BZ share NSE Stock Exchange

Stock BINANIIND_BZ - Share Binani Industries Ltd trades in NSE

Daily Support: 5.55
Daily Resistance: 5.55
5 Day Moving Average is 5.83
20 Day Moving Average is 6.87

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 26 May 2020	-4.31%	5.55	5.55	5.55	5.55	0.15 times
Mon 18 May 2020	-3.33%	5.70	5.80	6.00	5.70	0.38 times
Mon 11 May 2020	0%	6.00	6.00	6.00	6.00	0.01 times
Mon 04 May 2020	3.45%	5.80	6.00	6.00	5.55	1.46 times
Mon 27 Apr 2020	1.75%	5.95	5.80	5.95	5.70	2.9 times
Mon 20 Apr 2020	4.59%	5.45	5.70	5.70	5.20	0.34 times
Mon 13 Apr 2020	-1.8%	5.30	5.45	5.45	5.30	3.2 times
Tue 07 Apr 2020	-4.31%	5.55	5.55	5.55	5.55	1.19 times
Mon 30 Mar 2020	-4.92%	5.80	5.80	6.00	5.80	0.25 times
Mon 23 Mar 2020	-4.69%	6.35	6.10	6.35	6.10	0.07 times

Point & Figure Charts for Binani Industries Ltd BINANIIND_BZ

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 Binani Industries Ltd BINANIIND_BZ 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 Binani Industries Ltd BINANIIND_BZ stock.