Free Point and Figure charts Jainam Fer Alloys (i) Ltd JAINAM_SM share NSE Stock Exchange

Stock JAINAM_SM - Share Jainam Fer Alloys (i) Ltd trades in NSE

Daily Support: 139.15
Daily Resistance: 140.85
5 Day Moving Average is 142.4
20 Day Moving Average is 155.43

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 26 Jul 2024	0%	141.60	140.00	141.70	140.00	1.43 times
Tue 23 Jul 2024	0%	145.00	140.00	149.90	140.00	1.14 times
Tue 23 Jul 2024	-3.45%	145.00	140.00	149.90	140.00	1.14 times
Mon 22 Jul 2024	-1.36%	145.00	145.00	145.00	145.00	0.14 times
Thu 18 Jul 2024	-0.64%	147.00	147.00	147.00	147.00	0.14 times
Tue 16 Jul 2024	-4.86%	149.00	147.95	149.00	147.75	2.43 times
Mon 15 Jul 2024	1.87%	146.05	155.50	155.50	146.05	0.43 times
Fri 12 Jul 2024	1.43%	150.50	152.65	157.00	150.00	1.43 times
Thu 11 Jul 2024	0.33%	150.00	150.50	150.50	150.00	0.57 times
Tue 09 Jul 2024	-1.64%	150.00	150.00	150.00	150.00	0.71 times

Point & Figure Charts for Jainam Fer Alloys (i) Ltd JAINAM_SM

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 Jainam Fer Alloys (i) Ltd JAINAM_SM 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 Jainam Fer Alloys (i) Ltd JAINAM_SM stock.