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: 23.45
Daily Resistance: 23.45
5 Day Moving Average is 23.75
20 Day Moving Average is 23.79

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
Thu 30 Apr 2026	0.86%	23.45	23.45	23.45	23.45	0.03 times
Wed 29 Apr 2026	-0.85%	23.25	23.25	23.25	23.25	0.03 times
Mon 27 Apr 2026	-3.5%	23.05	23.45	23.45	23.05	0.05 times
Fri 24 Apr 2026	0%	24.30	24.30	24.30	24.30	0.05 times
Thu 23 Apr 2026	0%	24.30	24.30	24.30	24.30	0.03 times
Wed 22 Apr 2026	-2.41%	22.90	24.30	24.30	22.90	0.05 times
Thu 16 Apr 2026	0%	24.90	24.90	24.90	24.90	0.03 times
Wed 15 Apr 2026	3.75%	24.95	24.90	24.95	23.90	0.11 times
Mon 13 Apr 2026	0.42%	25.40	24.00	25.40	24.00	0.13 times
Fri 10 Apr 2026	4.14%	23.50	23.90	24.00	22.00	0.32 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.