Free Point and Figure charts Eimco Elecon (india) Ltd EIMCOELECO_BE share NSE Stock Exchange

Stock EIMCOELECO_BE - Share Eimco Elecon (india) Ltd trades in NSE

Daily Support: 2796.93
Daily Resistance: 2926.93
5 Day Moving Average is 2878.16
20 Day Moving Average is 3006.91

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 04 Oct 2024	-0.42%	2959.95	2893.85	2960.00	2830.00	0.23 times
Thu 03 Oct 2024	-2.53%	2948.00	2906.20	3050.90	2900.00	0.41 times
Tue 01 Oct 2024	5%	2895.00	2981.65	2981.65	2839.70	0.48 times
Mon 30 Sep 2024	2.54%	2811.00	2839.70	2850.00	2770.00	0.37 times
Fri 27 Sep 2024	3.04%	2686.00	2769.40	2787.95	2686.00	0.17 times
Thu 26 Sep 2024	-0.56%	2730.00	2687.65	2773.95	2665.55	0.25 times
Wed 25 Sep 2024	-1.09%	2759.90	2702.70	2848.80	2700.00	0.36 times
Tue 24 Sep 2024	-1.54%	2775.00	2732.50	2814.00	2706.55	0.4 times
Mon 23 Sep 2024	0.93%	2788.80	2775.10	2830.00	2751.00	0.3 times
Fri 20 Sep 2024	-0.5%	2763.40	2749.60	2830.00	2701.00	0.45 times

Point & Figure Charts for Eimco Elecon (india) Ltd EIMCOELECO_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 Eimco Elecon (india) Ltd EIMCOELECO_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 Eimco Elecon (india) Ltd EIMCOELECO_BE stock.