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

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

Daily Support: 3.45
Daily Resistance: 3.45
5 Day Moving Average is 3.16
20 Day Moving Average is 2.95

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 17 Aug 2020	4.55%	3.45	3.45	3.45	3.45	1.55 times
Fri 14 Aug 2020	4.76%	3.30	3.30	3.30	3.30	0.75 times
Thu 13 Aug 2020	5%	3.15	3.15	3.15	3.15	0.49 times
Wed 12 Aug 2020	3.45%	3.00	3.00	3.00	3.00	0.69 times
Tue 11 Aug 2020	3.57%	2.90	2.90	2.90	2.90	0.56 times
Mon 10 Aug 2020	3.7%	2.80	2.80	2.80	2.80	0.94 times
Fri 07 Aug 2020	3.85%	2.70	2.70	2.70	2.50	1.97 times
Thu 06 Aug 2020	4%	2.60	2.60	2.60	2.50	1.93 times
Wed 05 Aug 2020	4.17%	2.45	2.50	2.50	2.30	2.38 times
Tue 04 Aug 2020	-4%	2.40	2.40	2.50	2.40	2.01 times

Point & Figure Charts for Reliance Naval & Engg Ltd RNAVAL_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 Reliance Naval & Engg Ltd RNAVAL_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 Reliance Naval & Engg Ltd RNAVAL_BE stock.