Free Point and Figure charts Ponnie Sugars (erode) Ltd PONNIERODE_BE share NSE Stock Exchange

Stock PONNIERODE_BE - Share Ponnie Sugars (erode) Ltd trades in NSE

Daily Support: 235.68
Daily Resistance: 253.03
5 Day Moving Average is 253.65
20 Day Moving Average is 257.49

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 11 Oct 2021	-1.49%	258.20	247.65	258.40	241.05	0.37 times
Fri 08 Oct 2021	0.7%	250.00	251.40	256.00	243.00	0.33 times
Thu 07 Oct 2021	-3.54%	251.05	249.65	260.00	248.00	0.81 times
Wed 06 Oct 2021	-0.75%	265.00	258.80	265.00	250.00	0.25 times
Tue 05 Oct 2021	2.32%	258.00	260.75	267.55	245.00	1.5 times
Mon 04 Oct 2021	4.98%	248.90	254.85	254.85	248.90	1.62 times
Fri 01 Oct 2021	0.17%	235.00	242.75	244.70	235.00	0.46 times
Thu 30 Sep 2021	0.85%	240.00	242.35	242.95	235.05	0.26 times
Wed 29 Sep 2021	1.48%	231.05	240.30	243.00	231.05	0.15 times
Tue 28 Sep 2021	-1.37%	235.60	236.80	244.45	234.05	0.31 times

Point & Figure Charts for Ponnie Sugars (erode) Ltd PONNIERODE_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 Ponnie Sugars (erode) Ltd PONNIERODE_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 Ponnie Sugars (erode) Ltd PONNIERODE_BE stock.