Free Point and Figure charts Shah Alloys Limited SHAHALLOYS share NSE Stock Exchange

Stock SHAHALLOYS - Share Shah Alloys Limited trades in NSE under Iron & Steel

Daily Support: 102.5
Daily Resistance: 117.98
5 Day Moving Average is 94.9
20 Day Moving Average is 87.24

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
Thu 26 Sep 2024	4.89%	101.70	107.77	112.70	97.22	12.89 times
Wed 25 Sep 2024	3.57%	100.99	102.75	112.99	99.21	38.97 times
Tue 24 Sep 2024	19.99%	85.00	99.21	99.21	85.00	47.92 times
Mon 23 Sep 2024	0.73%	81.00	82.68	83.09	80.53	0.84 times
Fri 20 Sep 2024	3.94%	81.43	82.08	83.25	80.00	1.71 times
Thu 19 Sep 2024	-3.23%	83.00	78.97	83.00	77.15	0.6 times
Wed 18 Sep 2024	3.4%	79.10	81.61	82.50	79.01	0.6 times
Tue 17 Sep 2024	-3.56%	82.73	78.93	83.00	78.00	0.76 times
Mon 16 Sep 2024	-0.68%	84.20	81.84	84.20	80.25	0.54 times
Fri 13 Sep 2024	3.37%	81.80	82.40	85.00	80.19	1.09 times

Point & Figure Charts for Shah Alloys Limited SHAHALLOYS

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 Shah Alloys Limited SHAHALLOYS 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 Shah Alloys Limited SHAHALLOYS stock.