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

Stock NMSTEEL_ST - Share Newmalayalam Steel Ltd trades in NSE

Daily Support: 27.75
Daily Resistance: 28.25
5 Day Moving Average is 28.06
20 Day Moving Average is 29.98

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 08 Aug 2025	-0.18%	28.50	28.00	28.50	28.00	0.04 times
Thu 07 Aug 2025	-1.92%	28.65	28.05	30.00	28.05	0.12 times
Wed 06 Aug 2025	4.95%	27.25	28.60	28.60	27.25	0.08 times
Tue 05 Aug 2025	-4.05%	27.25	27.25	27.25	27.25	0.01 times
Fri 01 Aug 2025	-2.24%	28.50	28.40	28.50	28.40	0.02 times
Thu 31 Jul 2025	4.12%	27.90	29.05	29.05	27.90	0.01 times
Wed 30 Jul 2025	-2.11%	28.00	27.90	28.00	27.90	0.01 times
Tue 29 Jul 2025	3.64%	26.60	28.50	28.50	26.60	0.01 times
Mon 28 Jul 2025	-0.36%	27.50	27.50	27.50	27.50	0.01 times
Fri 25 Jul 2025	-2.13%	27.40	27.60	27.65	27.40	0.04 times

Point & Figure Charts for Newmalayalam Steel Ltd NMSTEEL_ST

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_ST 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_ST stock.