Free Point and Figure charts Marine Electrical (i) Ltd MARINE_SM share NSE Stock Exchange

Stock MARINE_SM - Share Marine Electrical (i) Ltd trades in NSE

Daily Support: 187
Daily Resistance: 195.1
5 Day Moving Average is 188.27
20 Day Moving Average is 183.08

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
Tue 01 Dec 2020	-1.06%	198.70	191.50	198.70	190.60	1.38 times
Fri 27 Nov 2020	1.31%	199.00	193.55	199.00	190.00	4.13 times
Thu 26 Nov 2020	4.97%	186.00	191.05	194.95	186.00	5.88 times
Wed 25 Nov 2020	-0.68%	182.00	182.00	187.95	179.90	4.88 times
Tue 24 Nov 2020	2.98%	180.00	183.25	184.00	180.00	2.88 times
Mon 23 Nov 2020	3.76%	172.00	177.95	178.95	171.00	9.5 times
Fri 20 Nov 2020	0.44%	171.10	171.50	173.00	171.10	0.75 times
Thu 19 Nov 2020	-0.09%	171.25	170.75	171.25	165.35	1.38 times
Wed 18 Nov 2020	0.23%	171.00	170.90	171.00	170.90	0.5 times
Tue 17 Nov 2020	0.29%	170.10	170.50	171.00	170.10	0.63 times

Point & Figure Charts for Marine Electrical (i) Ltd MARINE_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 Marine Electrical (i) Ltd MARINE_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 Marine Electrical (i) Ltd MARINE_SM stock.