Free Point and Figure charts Reliance Naval & Engg Ltd RNAVAL share NSE Stock Exchange

Stock RNAVAL - Share Reliance Naval & Engg Ltd trades in NSE

Daily Support: 2.8
Daily Resistance: 2.9
5 Day Moving Average is 2.94
20 Day Moving Average is 3.27

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 22 Jan 2021	-3.39%	2.90	2.85	2.95	2.85	1.46 times
Thu 21 Jan 2021	-1.67%	2.95	2.95	3.05	2.90	2.22 times
Wed 20 Jan 2021	0%	3.05	3.00	3.05	2.90	1.48 times
Tue 19 Jan 2021	3.45%	2.95	3.00	3.00	2.95	0.77 times
Mon 18 Jan 2021	-3.33%	3.05	2.90	3.05	2.90	1.63 times
Fri 15 Jan 2021	-1.64%	3.05	3.00	3.05	2.95	2.27 times
Thu 14 Jan 2021	0%	3.10	3.05	3.10	3.00	1.3 times
Wed 13 Jan 2021	-1.61%	3.15	3.05	3.15	3.05	2.2 times
Tue 12 Jan 2021	0%	3.05	3.10	3.15	3.05	1.82 times
Mon 11 Jan 2021	-3.13%	3.20	3.10	3.25	3.05	4.04 times

Point & Figure Charts for Reliance Naval & Engg Ltd RNAVAL

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 Naval & Engg Ltd RNAVAL 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 Naval & Engg Ltd RNAVAL stock.