Free Point and Figure charts Newmalayalam Steel Ltd NMSTEEL_SM share NSE Stock Exchange

Stock NMSTEEL_SM - Share Newmalayalam Steel Ltd trades in NSE

Daily Support: 18.03
Daily Resistance: 20.73
5 Day Moving Average is 20.53
20 Day Moving Average is 23.89

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 30 Mar 2026	-6.05%	17.40	18.65	20.10	17.40	0.8 times
Fri 27 Mar 2026	-5.48%	21.95	19.85	21.95	19.30	0.48 times
Wed 25 Mar 2026	-0.71%	21.20	21.00	21.20	20.45	0.64 times
Tue 24 Mar 2026	-3.86%	21.20	21.15	21.50	21.15	0.08 times
Fri 20 Mar 2026	-6.78%	21.50	22.00	22.00	21.50	0.05 times
Thu 19 Mar 2026	5.59%	24.20	23.60	24.20	23.60	0.05 times
Wed 18 Mar 2026	4.68%	22.00	22.35	23.00	22.00	0.11 times
Tue 17 Mar 2026	-1.16%	21.35	21.35	21.35	21.35	0.21 times
Mon 16 Mar 2026	-1.14%	21.85	21.60	23.50	21.60	0.4 times
Fri 13 Mar 2026	-0.68%	21.50	21.85	23.40	21.50	0.11 times

Point & Figure Charts for Newmalayalam Steel Ltd NMSTEEL_SM

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 Newmalayalam Steel Ltd NMSTEEL_SM 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 Newmalayalam Steel Ltd NMSTEEL_SM stock.