Free Point and Figure charts Magma Fincorp Limited MAGMA_BE share NSE Stock Exchange

Stock MAGMA_BE - Share Magma Fincorp Limited trades in NSE

Daily Support: 164.75
Daily Resistance: 171.75
5 Day Moving Average is 173.6
20 Day Moving Average is 169.13

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 04 Aug 2021	-1.57%	172.65	169.50	174.00	167.00	0.6 times
Tue 03 Aug 2021	-0.26%	169.25	172.20	174.05	165.30	0.53 times
Mon 02 Aug 2021	-0.49%	175.10	172.65	178.70	167.50	1.39 times
Fri 30 Jul 2021	-3.69%	183.45	173.50	185.00	171.15	3.29 times
Thu 29 Jul 2021	2.77%	177.80	180.15	184.05	177.80	2.71 times
Wed 28 Jul 2021	4.72%	171.80	175.30	175.75	163.00	3.1 times
Tue 27 Jul 2021	4.99%	165.30	167.40	167.40	160.00	4.36 times
Mon 26 Jul 2021	4.97%	159.45	159.45	159.45	159.45	0.98 times
Fri 23 Jul 2021	4.98%	150.00	151.90	151.90	148.00	0.51 times
Thu 22 Jul 2021	0.17%	144.55	144.70	148.85	144.00	0.63 times

Point & Figure Charts for Magma Fincorp Limited MAGMA_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 Magma Fincorp Limited MAGMA_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 Magma Fincorp Limited MAGMA_BE stock.