Free Point and Figure charts Mtnl - Depo. Sett. MTNL_BE share NSE Stock Exchange

Stock MTNL_BE - Share Mtnl - Depo. Sett. trades in NSE

Daily Support: 8.03
Daily Resistance: 8.83
5 Day Moving Average is 8.67
20 Day Moving Average is 9.72

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 09 Dec 2019	0%	9.20	8.45	9.20	8.40	0.71 times
Fri 06 Dec 2019	-3.98%	9.20	8.45	9.20	8.40	0.71 times
Thu 05 Dec 2019	-0.56%	8.95	8.80	8.95	8.65	0.36 times
Wed 04 Dec 2019	0.57%	9.05	8.85	9.05	8.70	0.88 times
Tue 03 Dec 2019	-4.35%	9.35	8.80	9.35	8.75	0.82 times
Mon 02 Dec 2019	2.22%	9.25	9.20	9.45	9.00	1.67 times
Fri 29 Nov 2019	4.65%	9.00	9.00	9.00	8.65	2.01 times
Thu 28 Nov 2019	4.88%	8.00	8.60	8.60	7.80	0.97 times
Wed 27 Nov 2019	-4.65%	8.20	8.20	8.50	8.20	1.01 times
Tue 26 Nov 2019	-3.91%	8.70	8.60	9.00	8.55	1.79 times

Point & Figure Charts for Mtnl - Depo. Sett. MTNL_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 Mtnl - Depo. Sett. MTNL_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 Mtnl - Depo. Sett. MTNL_BE stock.