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

Stock METALFORGE_BZ - Share Metalyst Forgings Limited trades in NSE

Daily Support: 4.05
Daily Resistance: 4.05
5 Day Moving Average is 4.32
20 Day Moving Average is 4.76

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 17 May 2024	-4.71%	4.05	4.05	4.05	4.05	3.93 times
Thu 16 May 2024	-3.41%	4.30	4.25	4.60	4.25	0.77 times
Wed 15 May 2024	-3.3%	4.75	4.40	4.75	4.35	0.99 times
Tue 14 May 2024	4.6%	4.15	4.55	4.55	4.15	2.41 times
Mon 13 May 2024	1.16%	4.30	4.35	4.35	4.30	0.11 times
Fri 10 May 2024	-4.44%	4.30	4.30	4.35	4.30	0.69 times
Thu 09 May 2024	1.12%	4.50	4.50	4.55	4.25	0.53 times
Wed 08 May 2024	1.14%	4.25	4.45	4.55	4.25	1.16 times
Tue 07 May 2024	-1.12%	4.30	4.40	4.60	4.25	0.37 times
Mon 06 May 2024	-1.11%	4.60	4.45	4.60	4.30	0.35 times

Point & Figure Charts for Metalyst Forgings Limited METALFORGE_BZ

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_BZ 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_BZ stock.