Free Point and Figure charts Reliance Nippon L A M Ltd RNAM share NSE Stock Exchange

Stock RNAM - Share Reliance Nippon L A M Ltd trades in NSE

Daily Support: 343.68
Daily Resistance: 352.38
5 Day Moving Average is 343.93
20 Day Moving Average is 364.84

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
Wed 22 Jan 2020	2.21%	341.00	346.35	349.70	341.00	6.34 times
Tue 21 Jan 2020	-0.32%	340.05	338.85	343.95	337.85	3.32 times
Mon 20 Jan 2020	-1.75%	348.00	339.95	349.80	339.00	3.99 times
Fri 17 Jan 2020	-0.72%	349.50	346.00	353.25	345.20	4.54 times
Thu 16 Jan 2020	-0.77%	352.00	348.50	353.75	347.50	3.58 times
Wed 15 Jan 2020	-0.34%	352.95	351.20	357.70	348.80	7.33 times
Tue 14 Jan 2020	2.62%	343.85	352.40	354.35	341.40	11.02 times
Mon 13 Jan 2020	0.25%	344.00	343.40	345.00	341.10	2.76 times
Fri 10 Jan 2020	-0.07%	344.80	342.55	347.75	339.30	5.02 times
Thu 09 Jan 2020	3.44%	338.00	342.80	345.40	335.45	8.99 times

Point & Figure Charts for Reliance Nippon L A M Ltd RNAM

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 Reliance Nippon L A M Ltd RNAM 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 Reliance Nippon L A M Ltd RNAM stock.