Free Point and Figure charts Nelco Ltd NELCO_BE share NSE Stock Exchange

Stock NELCO_BE - Share Nelco Ltd trades in NSE

Daily Support: 610.93
Daily Resistance: 629.68
5 Day Moving Average is 644.59
20 Day Moving Average is 743.43

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 06 May 2022	-1.43%	611.05	615.60	625.00	606.25	0.37 times
Wed 04 May 2022	-2.49%	645.00	624.55	654.90	619.00	0.45 times
Mon 02 May 2022	-2.65%	632.20	640.50	659.00	630.00	0.39 times
Fri 29 Apr 2022	-3.86%	684.35	657.95	688.00	652.00	0.47 times
Thu 28 Apr 2022	-0.12%	687.50	684.35	699.00	662.00	0.37 times
Wed 27 Apr 2022	-4.13%	697.00	685.20	701.00	679.00	0.69 times
Tue 26 Apr 2022	1.02%	721.95	714.70	732.00	700.00	0.29 times
Mon 25 Apr 2022	-4.75%	743.80	707.50	743.80	705.70	0.47 times
Fri 22 Apr 2022	-0.22%	765.00	742.80	774.50	740.00	0.43 times
Thu 21 Apr 2022	5%	713.90	744.45	744.45	700.00	0.39 times

Point & Figure Charts for Nelco Ltd NELCO_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 Nelco Ltd NELCO_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 Nelco Ltd NELCO_BE stock.