Free Point and Figure charts Patel Engineering Ltd. PATELENG_BE share NSE Stock Exchange

Stock PATELENG_BE - Share Patel Engineering Ltd. trades in NSE

Daily Support: 48.28
Daily Resistance: 52.63
5 Day Moving Average is 49.17
20 Day Moving Average is 49.07

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 14 Aug 2023	4.99%	48.55	50.45	50.45	46.10	2.69 times
Fri 11 Aug 2023	-1.23%	49.00	48.05	49.40	47.00	2.66 times
Thu 10 Aug 2023	0.21%	49.00	48.65	50.00	46.15	3 times
Wed 09 Aug 2023	-3.19%	50.15	48.55	50.30	48.05	2.15 times
Tue 08 Aug 2023	-1.38%	51.00	50.15	51.80	48.30	4.61 times
Mon 07 Aug 2023	4.95%	50.85	50.85	50.85	50.85	0.52 times
Fri 04 Aug 2023	4.98%	46.65	48.45	48.45	46.10	1.58 times
Thu 03 Aug 2023	-0.32%	45.55	46.15	47.20	45.00	1.31 times
Wed 02 Aug 2023	0.87%	45.50	46.30	47.75	45.00	3.7 times
Tue 01 Aug 2023	4.91%	44.30	45.90	45.90	44.00	2.39 times

Point & Figure Charts for Patel Engineering Ltd. PATELENG_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 Patel Engineering Ltd. PATELENG_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 Patel Engineering Ltd. PATELENG_BE stock.