Free Point and Figure charts Shree Renuka Sugars Ltd RENUKA_BE share NSE Stock Exchange

Stock RENUKA_BE - Share Shree Renuka Sugars Ltd trades in NSE

Daily Support: 28.75
Daily Resistance: 30.25
5 Day Moving Average is 29.74
20 Day Moving Average is 29.85

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	-1.82%	30.90	29.60	30.90	29.40	2.28 times
Fri 08 Oct 2021	4.87%	29.50	30.15	30.15	28.15	2.39 times
Thu 07 Oct 2021	-2.04%	29.25	28.75	29.45	28.30	1.94 times
Wed 06 Oct 2021	-4.86%	30.90	29.35	30.90	29.35	3.48 times
Tue 05 Oct 2021	4.93%	30.85	30.85	30.85	30.10	5.86 times
Mon 04 Oct 2021	5%	29.20	29.40	29.40	28.50	2.61 times
Fri 01 Oct 2021	-0.18%	27.70	28.00	28.30	27.10	1.25 times
Thu 30 Sep 2021	0%	28.05	28.05	28.70	27.65	1.57 times
Wed 29 Sep 2021	4.66%	26.55	28.05	28.10	26.05	1.87 times
Tue 28 Sep 2021	-2.72%	27.50	26.80	27.80	26.25	1.35 times

Point & Figure Charts for Shree Renuka Sugars Ltd RENUKA_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 Shree Renuka Sugars Ltd RENUKA_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 Shree Renuka Sugars Ltd RENUKA_BE stock.