Free Point and Figure charts Megatherm Induction Ltd MEGATHERM_ST share NSE Stock Exchange

Stock MEGATHERM_ST - Share Megatherm Induction Ltd trades in NSE

Daily Support: 326.7
Daily Resistance: 336.5
5 Day Moving Average is 349.92
20 Day Moving Average is 379.24

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
Mon 07 Oct 2024	-4.76%	333.05	332.00	341.00	331.20	0.09 times
Fri 04 Oct 2024	0.11%	351.00	348.60	352.00	343.30	0.02 times
Thu 03 Oct 2024	-3.18%	356.95	348.20	356.95	345.20	0.07 times
Tue 01 Oct 2024	-0.42%	355.00	359.65	363.65	355.00	0.02 times
Mon 30 Sep 2024	-0.81%	354.10	361.15	374.20	354.10	0.02 times
Fri 27 Sep 2024	-1.75%	370.60	364.10	370.60	360.00	0.02 times
Thu 26 Sep 2024	3.17%	359.10	370.60	376.50	355.00	0.05 times
Wed 25 Sep 2024	0.42%	358.70	359.20	364.00	353.00	0.03 times
Tue 24 Sep 2024	1.03%	353.00	357.70	360.00	350.00	0.03 times
Mon 23 Sep 2024	0.23%	360.00	354.05	364.95	353.05	0.06 times

Point & Figure Charts for Megatherm Induction Ltd MEGATHERM_ST

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 Megatherm Induction Ltd MEGATHERM_ST 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 Megatherm Induction Ltd MEGATHERM_ST stock.