Free Point and Figure charts Modern Threads India Ltd MODTHREAD_BE share NSE Stock Exchange

Stock MODTHREAD_BE - Share Modern Threads India Ltd trades in NSE

Daily Support: 38.86
Daily Resistance: 40.81
5 Day Moving Average is 41.49
20 Day Moving Average is 48.11

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 21 Feb 2025	-0.93%	41.00	40.62	41.00	39.05	380.94 times
Thu 20 Feb 2025	-0.32%	41.00	41.00	41.13	39.90	51.2 times
Wed 19 Feb 2025	-5.01%	43.30	41.13	43.30	41.13	32.63 times
Tue 18 Feb 2025	4.54%	43.40	43.30	43.40	39.43	0.64 times
Mon 17 Feb 2025	-4.89%	43.55	41.42	43.55	41.42	11.35 times
Fri 14 Feb 2025	-5.02%	48.05	43.55	48.05	43.55	1.24 times
Thu 13 Feb 2025	3.62%	46.00	45.85	46.00	45.85	0.49 times
Wed 12 Feb 2025	-3.8%	48.00	44.25	48.00	44.00	22.71 times
Tue 11 Feb 2025	-0.11%	46.05	46.00	46.05	43.74	175.15 times
Mon 10 Feb 2025	-4.06%	48.00	46.05	48.05	45.60	82.78 times

Point & Figure Charts for Modern Threads India Ltd MODTHREAD_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 Modern Threads India Ltd MODTHREAD_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 Modern Threads India Ltd MODTHREAD_BE stock.