Free Point and Figure charts MIC Electronics Limited MIC share NSE Stock Exchange

Stock MIC - Share MIC Electronics Limited trades in NSE under Electronic Components

Daily Support: 1.23
Daily Resistance: 1.28
5 Day Moving Average is 1.15
20 Day Moving Average is 0.97

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 14 May 2021	4.17%	1.25	1.25	1.25	1.20	0.36 times
Wed 12 May 2021	4.35%	1.20	1.20	1.20	1.10	0.66 times
Tue 11 May 2021	4.55%	1.15	1.15	1.15	1.10	0.31 times
Mon 10 May 2021	4.76%	1.10	1.10	1.10	1.00	1.04 times
Fri 07 May 2021	5%	1.05	1.05	1.05	1.05	0.21 times
Thu 06 May 2021	5.26%	1.00	1.00	1.00	1.00	0.33 times
Wed 05 May 2021	5.56%	0.95	0.95	0.95	0.90	0.56 times
Tue 04 May 2021	5.88%	0.90	0.90	0.90	0.90	0.3 times
Mon 03 May 2021	6.25%	0.85	0.85	0.85	0.85	0.08 times
Fri 30 Apr 2021	6.67%	0.80	0.80	0.80	0.80	0.23 times

Point & Figure Charts for MIC Electronics Limited MIC

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 MIC Electronics Limited MIC 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 MIC Electronics Limited MIC stock.