Free Point and Figure charts Spentex Industries Limited SPENTEX share NSE Stock Exchange

Stock SPENTEX - Share Spentex Industries Limited trades in NSE under Textiles

Daily Support: 2.13
Daily Resistance: 2.28
5 Day Moving Average is 2.78
20 Day Moving Average is 2.85

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 19 Oct 2018	-16.98%	2.20	2.20	2.25	2.10	0.06 times
Wed 26 Sep 2018	-3.64%	2.70	2.65	2.90	2.60	7 times
Tue 25 Sep 2018	-9.84%	3.20	2.75	3.30	2.45	11.13 times
Mon 24 Sep 2018	-6.15%	3.60	3.05	3.60	2.85	1.53 times
Fri 21 Sep 2018	1.56%	3.60	3.25	3.80	3.00	7.35 times
Wed 19 Sep 2018	18.52%	2.50	3.20	3.20	2.50	3.78 times
Tue 18 Sep 2018	-3.57%	2.60	2.70	3.00	2.60	0.34 times
Mon 17 Sep 2018	3.7%	2.75	2.80	2.85	2.70	1.29 times
Fri 14 Sep 2018	8%	2.50	2.70	2.75	2.50	0.12 times
Wed 12 Sep 2018	-1.96%	2.65	2.50	2.70	2.50	0.46 times

Point & Figure Charts for Spentex Industries Limited SPENTEX

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 Spentex Industries Limited SPENTEX 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 Spentex Industries Limited SPENTEX stock.