Free Point and Figure charts Empee Distilleries Limited EDL share NSE Stock Exchange

Stock EDL - Share Empee Distilleries Limited trades in NSE under Breweries & Distilleries

Daily Support: 7.48
Daily Resistance: 8.13
5 Day Moving Average is 7.98
20 Day Moving Average is 7.68

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 27 Feb 2019	-4.88%	8.20	7.80	8.45	7.80	0.79 times
Tue 26 Feb 2019	-0.61%	8.20	8.20	8.65	8.20	0.73 times
Mon 25 Feb 2019	3.13%	8.10	8.25	8.40	8.00	0.62 times
Fri 22 Feb 2019	4.58%	7.85	8.00	8.00	7.85	1.31 times
Thu 21 Feb 2019	4.79%	7.60	7.65	7.65	7.25	0.56 times
Wed 20 Feb 2019	-3.31%	7.90	7.30	7.90	7.20	0.37 times
Tue 19 Feb 2019	4.86%	7.25	7.55	7.55	7.00	0.79 times
Mon 18 Feb 2019	3.6%	6.75	7.20	7.25	6.65	1.35 times
Fri 15 Feb 2019	4.51%	6.80	6.95	6.95	6.70	0.64 times
Thu 14 Feb 2019	0.76%	6.55	6.65	6.90	6.35	0.57 times

Point & Figure Charts for Empee Distilleries Limited EDL

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 Empee Distilleries Limited EDL 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 Empee Distilleries Limited EDL stock.