Free Point and Figure charts Raj Rayon Industries Ltd RAJRAYON_BZ share NSE Stock Exchange

Stock RAJRAYON_BZ - Share Raj Rayon Industries Ltd trades in NSE

Daily Support: 0.33
Daily Resistance: 0.38
5 Day Moving Average is 0.38
20 Day Moving Average is 0.35

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 22 Oct 2021	-12.5%	0.40	0.35	0.40	0.35	1.81 times
Thu 21 Oct 2021	0%	0.35	0.40	0.40	0.35	0.7 times
Wed 20 Oct 2021	14.29%	0.40	0.40	0.40	0.35	3.82 times
Tue 19 Oct 2021	-12.5%	0.40	0.35	0.40	0.35	4.69 times
Mon 18 Oct 2021	-11.11%	0.45	0.40	0.50	0.40	3.08 times
Thu 14 Oct 2021	0%	0.50	0.45	0.50	0.40	6.46 times
Wed 13 Oct 2021	12.5%	0.45	0.45	0.45	0.40	2.76 times
Tue 12 Oct 2021	14.29%	0.40	0.40	0.40	0.35	3.85 times
Mon 11 Oct 2021	16.67%	0.35	0.35	0.35	0.30	2.14 times
Fri 08 Oct 2021	-14.29%	0.35	0.30	0.40	0.30	0.89 times

Point & Figure Charts for Raj Rayon Industries Ltd RAJRAYON_BZ

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 Raj Rayon Industries Ltd RAJRAYON_BZ 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 Raj Rayon Industries Ltd RAJRAYON_BZ stock.