Free Point and Figure charts Metalyst Forgings Limited METALFORGE_BE share NSE Stock Exchange

Stock METALFORGE_BE - Share Metalyst Forgings Limited trades in NSE

Daily Support: 5.38
Daily Resistance: 5.63
5 Day Moving Average is 5.36
20 Day Moving Average is 5.59

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 23 Apr 2021	4.76%	5.25	5.50	5.50	5.25	0.98 times
Thu 22 Apr 2021	-3.67%	5.70	5.25	5.70	5.20	0.15 times
Tue 20 Apr 2021	4.81%	5.45	5.45	5.45	5.25	0.47 times
Mon 19 Apr 2021	-3.7%	5.40	5.20	5.60	5.15	0.64 times
Fri 16 Apr 2021	2.86%	5.50	5.40	5.50	5.05	0.85 times
Thu 15 Apr 2021	-1.87%	5.35	5.25	5.60	5.20	0.66 times
Tue 13 Apr 2021	1.9%	5.30	5.35	5.50	5.00	1.23 times
Mon 12 Apr 2021	-0.94%	5.25	5.25	5.40	5.10	0.31 times
Fri 09 Apr 2021	-3.64%	5.25	5.30	5.65	5.25	1 times
Thu 08 Apr 2021	3.77%	5.30	5.50	5.55	5.05	1 times

Point & Figure Charts for Metalyst Forgings Limited METALFORGE_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 Metalyst Forgings Limited METALFORGE_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 Metalyst Forgings Limited METALFORGE_BE stock.