Free Point and Figure charts Rama Steel Tubes Limited RAMASTEEL_BE share NSE Stock Exchange

Stock RAMASTEEL_BE - Share Rama Steel Tubes Limited trades in NSE

Daily Support: 278.68
Daily Resistance: 282.03
5 Day Moving Average is 258.25
20 Day Moving Average is 261.88

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	5%	280.35	280.35	280.35	277.00	9.32 times
Fri 08 Oct 2021	4.99%	262.00	267.00	267.00	262.00	12.32 times
Thu 07 Oct 2021	3.21%	247.20	254.30	256.00	246.50	7.85 times
Wed 06 Oct 2021	1.32%	247.20	246.40	247.20	240.00	7.97 times
Tue 05 Oct 2021	0.29%	245.00	243.20	246.50	235.00	2.97 times
Mon 04 Oct 2021	-1.04%	249.95	242.50	249.95	240.00	1.9 times
Fri 01 Oct 2021	0.2%	251.00	245.05	251.00	243.50	3.01 times
Thu 30 Sep 2021	0.97%	244.40	244.55	254.20	243.00	4.07 times
Wed 29 Sep 2021	-1.18%	248.80	242.20	248.80	239.15	1.26 times
Tue 28 Sep 2021	1.03%	247.00	245.10	250.00	239.00	1.13 times

Point & Figure Charts for Rama Steel Tubes Limited RAMASTEEL_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 Rama Steel Tubes Limited RAMASTEEL_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 Rama Steel Tubes Limited RAMASTEEL_BE stock.