Free Point and Figure charts Fedders Electric & Eng Lt FEDDERELEC share NSE Stock Exchange

Stock FEDDERELEC - Share Fedders Electric & Eng Lt trades in NSE

Daily Support: 17.33
Daily Resistance: 17.88
5 Day Moving Average is 19.23
20 Day Moving Average is 21.44

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 19 Oct 2018	-6.63%	17.05	17.60	17.60	17.05	0.16 times
Mon 24 Sep 2018	-4.8%	20.45	18.85	20.45	18.85	1.09 times
Fri 21 Sep 2018	0.51%	19.10	19.80	20.60	19.10	0.92 times
Wed 19 Sep 2018	-2.48%	20.00	19.70	20.75	19.40	0.83 times
Tue 18 Sep 2018	-3.35%	21.50	20.20	21.50	20.00	0.95 times
Mon 17 Sep 2018	-2.34%	21.50	20.90	21.65	20.60	0.49 times
Fri 14 Sep 2018	-4.68%	22.45	21.40	22.45	21.35	1.95 times
Wed 12 Sep 2018	4.66%	22.50	22.45	22.50	21.20	7.37 times
Tue 11 Sep 2018	4.89%	20.65	21.45	21.45	20.45	1.91 times
Mon 10 Sep 2018	0%	20.90	20.45	20.90	20.10	0.47 times

Point & Figure Charts for Fedders Electric & Eng Lt FEDDERELEC

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 Fedders Electric & Eng Lt FEDDERELEC 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 Fedders Electric & Eng Lt FEDDERELEC stock.