Free Point and Figure charts Mic Electronics Limited MIC_BE share NSE Stock Exchange

Stock MIC_BE - Share Mic Electronics Limited trades in NSE

Daily Support: 1.28
Daily Resistance: 1.33
5 Day Moving Average is 1.34
20 Day Moving Average is 1.16

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 21 Jun 2021	-3.7%	1.30	1.30	1.35	1.30	4.27 times
Mon 14 Jun 2021	-3.57%	1.40	1.35	1.45	1.35	1.16 times
Fri 04 Jun 2021	3.7%	1.40	1.40	1.40	1.40	1.86 times
Thu 03 Jun 2021	3.85%	1.35	1.35	1.35	1.25	0.85 times
Wed 02 Jun 2021	4%	1.30	1.30	1.30	1.20	0.47 times
Tue 01 Jun 2021	4.17%	1.25	1.25	1.25	1.20	0.7 times
Mon 31 May 2021	4.35%	1.20	1.20	1.20	1.20	0.53 times
Fri 28 May 2021	-4.17%	1.25	1.15	1.25	1.15	0.68 times
Thu 27 May 2021	4.35%	1.20	1.20	1.20	1.20	1.07 times
Wed 26 May 2021	4.55%	1.15	1.15	1.15	1.15	0.7 times

Point & Figure Charts for Mic Electronics Limited MIC_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 Mic Electronics Limited MIC_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 Mic Electronics Limited MIC_BE stock.