Free Point and Figure charts Rane Brake Lining Ltd RBL_BE share NSE Stock Exchange

Stock RBL_BE - Share Rane Brake Lining Ltd trades in NSE

Daily Support: 984.1
Daily Resistance: 1022
5 Day Moving Average is 977.09
20 Day Moving Average is 997.37

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 06 Dec 2024	-0.29%	971.00	997.20	1008.90	971.00	0.73 times
Thu 05 Dec 2024	0.68%	987.00	1000.10	1012.00	943.70	1.79 times
Wed 04 Dec 2024	3.14%	973.00	993.35	999.00	967.00	1.46 times
Tue 03 Dec 2024	3.38%	931.65	963.15	970.90	926.10	0.97 times
Mon 02 Dec 2024	-0.18%	934.25	931.65	947.95	930.00	0.96 times
Fri 29 Nov 2024	0.25%	941.80	933.35	941.80	911.70	0.84 times
Thu 28 Nov 2024	1.54%	929.85	931.00	943.95	916.85	0.56 times
Wed 27 Nov 2024	0.19%	938.00	916.85	950.00	910.05	0.45 times
Tue 26 Nov 2024	-1.78%	944.45	915.15	944.45	909.90	0.46 times
Mon 25 Nov 2024	3.12%	919.90	931.70	946.00	900.00	0.8 times

Point & Figure Charts for Rane Brake Lining Ltd RBL_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 Brake Lining Ltd RBL_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 Brake Lining Ltd RBL_BE stock.