Free Point and Figure charts Rane Eng Valve Ltd RANEENGINE_BE share NSE Stock Exchange

Stock RANEENGINE_BE - Share Rane Eng Valve Ltd trades in NSE

Daily Support: 401.43
Daily Resistance: 424.68
5 Day Moving Average is 409.53
20 Day Moving Average is 430.65

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 29 Nov 2024	-1.8%	431.00	415.10	434.25	411.00	1.33 times
Thu 28 Nov 2024	1.29%	432.00	422.70	437.50	406.30	1.17 times
Wed 27 Nov 2024	4.44%	399.55	417.30	419.50	394.00	1.71 times
Tue 26 Nov 2024	1.67%	399.95	399.55	400.10	393.00	0.59 times
Mon 25 Nov 2024	2.88%	380.20	393.00	401.00	380.20	1.92 times
Fri 22 Nov 2024	-1.52%	387.00	382.00	399.00	376.00	1.31 times
Thu 21 Nov 2024	-1.54%	394.00	387.90	398.80	381.00	0.7 times
Tue 19 Nov 2024	0.28%	390.90	393.95	407.60	388.70	0.56 times
Mon 18 Nov 2024	2.34%	396.00	392.85	396.00	371.00	0.85 times
Thu 14 Nov 2024	-1.2%	396.30	383.85	396.30	381.00	0.31 times

Point & Figure Charts for Rane Eng Valve Ltd RANEENGINE_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 Rane Eng Valve Ltd RANEENGINE_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 Rane Eng Valve Ltd RANEENGINE_BE stock.