Free Point and Figure charts Shrenik Limited SHRENIK_SM share NSE Stock Exchange

Stock SHRENIK_SM - Share Shrenik Limited trades in NSE

Daily Support: 62.7
Daily Resistance: 70.05
5 Day Moving Average is 66.05
20 Day Moving Average is 72.53

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 01 Aug 2019	1.26%	62.90	64.10	68.65	61.30	1.75 times
Wed 31 Jul 2019	-4.6%	64.50	63.30	67.90	57.50	2.18 times
Tue 30 Jul 2019	-2.28%	70.40	66.35	70.80	60.50	1.43 times
Mon 29 Jul 2019	-1.02%	69.75	67.90	71.75	67.00	2.11 times
Fri 26 Jul 2019	-0.72%	72.00	68.60	74.00	68.00	2.51 times
Thu 25 Jul 2019	-1.14%	71.75	69.10	71.75	68.20	3.54 times
Wed 24 Jul 2019	-0.14%	72.00	69.90	80.00	69.25	2.4 times
Tue 23 Jul 2019	0.07%	71.75	70.00	72.45	67.95	0.86 times
Mon 22 Jul 2019	1.82%	71.75	69.95	71.75	68.00	1.24 times
Fri 19 Jul 2019	-1.01%	71.25	68.70	71.30	67.75	1.21 times

Point & Figure Charts for Shrenik Limited SHRENIK_SM

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 Shrenik Limited SHRENIK_SM 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 Shrenik Limited SHRENIK_SM stock.