Free Point and Figure charts Murli Industries Limited MURLIIND share NSE Stock Exchange

Stock MURLIIND - Share Murli Industries Limited trades in NSE under Edible Oils

Daily Support: 1.65
Daily Resistance: 1.65
5 Day Moving Average is 1.77
20 Day Moving Average is 2.42

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
Sun 22 May 2016	-2.94%	1.65	1.65	1.65	1.65	0.04 times
Sun 15 May 2016	-2.86%	1.70	1.70	1.70	1.70	0.09 times
Mon 25 Apr 2016	-5.41%	1.75	1.75	1.75	1.75	17.25 times
Sun 27 Mar 2016	-2.63%	1.85	1.85	1.85	1.85	0.03 times
Sun 20 Mar 2016	2.7%	1.90	1.90	1.90	1.90	0.22 times
Thu 17 Mar 2016	-2.63%	1.85	1.85	1.85	1.85	0.08 times
Wed 16 Mar 2016	0%	1.90	1.90	1.90	1.90	0 times
Wed 09 Mar 2016	-5%	1.90	1.90	1.90	1.90	0 times
Mon 07 Mar 2016	-6.98%	2.00	2.00	2.00	2.00	0.01 times
Wed 24 Feb 2016	-4.44%	2.15	2.15	2.15	2.15	2.18 times

Point & Figure Charts for Murli Industries Limited MURLIIND

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 Murli Industries Limited MURLIIND 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 Murli Industries Limited MURLIIND stock.