Free Point and Figure charts Mahamaya Steel MAHASTEEL share NSE Stock Exchange

Stock MAHASTEEL - Share Mahamaya Steel trades in NSE under Iron & Steel Products

Daily Support: 179.65
Daily Resistance: 191.34
5 Day Moving Average is 172.54
20 Day Moving Average is 137.46

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 28 Aug 2024	2.18%	184.40	185.02	185.97	174.28	18.95 times
Tue 27 Aug 2024	2.71%	176.70	181.08	182.00	172.00	16.74 times
Mon 26 Aug 2024	8.79%	163.00	176.30	177.40	163.00	24.32 times
Fri 23 Aug 2024	2.4%	157.50	162.06	163.00	153.00	23.44 times
Thu 22 Aug 2024	7.29%	149.45	158.26	159.50	145.00	45.56 times
Wed 21 Aug 2024	0%	129.50	147.51	151.99	129.05	69.63 times
Wed 21 Aug 2024	13.12%	129.50	147.51	151.99	129.05	69.63 times
Tue 20 Aug 2024	5.18%	125.20	130.40	131.00	120.95	22.73 times
Mon 19 Aug 2024	3.84%	121.20	123.98	124.40	119.22	14.27 times
Fri 16 Aug 2024	0.89%	120.30	119.39	123.50	114.00	7.53 times

Point & Figure Charts for Mahamaya Steel MAHASTEEL

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 Mahamaya Steel MAHASTEEL 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 Mahamaya Steel MAHASTEEL stock.