Free Point and Figure charts Mcnally Bh. Eng. Co.ltd MBECL_BE share NSE Stock Exchange

Stock MBECL_BE - Share Mcnally Bh. Eng. Co.ltd trades in NSE

Daily Support: 5.28
Daily Resistance: 5.44
5 Day Moving Average is 4.95
20 Day Moving Average is 5.29

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 27 Sep 2024	4.89%	5.20	5.36	5.36	5.20	0.32 times
Thu 26 Sep 2024	4.93%	5.08	5.11	5.11	4.90	0.5 times
Wed 25 Sep 2024	4.28%	4.67	4.87	4.90	4.51	0.24 times
Tue 24 Sep 2024	-1.48%	4.58	4.67	4.86	4.58	0.18 times
Mon 23 Sep 2024	0.64%	4.71	4.74	4.89	4.60	0.25 times
Fri 20 Sep 2024	-3.29%	4.98	4.71	4.98	4.66	0.28 times
Thu 19 Sep 2024	-1.62%	4.95	4.87	5.04	4.70	0.44 times
Wed 18 Sep 2024	-1%	5.00	4.95	5.17	4.75	0.64 times
Tue 17 Sep 2024	-2.91%	5.27	5.00	5.27	4.94	0.29 times
Mon 16 Sep 2024	0.39%	5.13	5.15	5.32	5.03	0.2 times

Point & Figure Charts for Mcnally Bh. Eng. Co.ltd MBECL_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 Mcnally Bh. Eng. Co.ltd MBECL_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 Mcnally Bh. Eng. Co.ltd MBECL_BE stock.