Free Point and Figure charts Steel Exchange India Ltd STEELXIND_BE share NSE Stock Exchange

Stock STEELXIND_BE - Share Steel Exchange India Ltd trades in NSE

Daily Support: 227.78
Daily Resistance: 236.68
5 Day Moving Average is 231.98
20 Day Moving Average is 251.25

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 28 Mar 2022	-0.32%	239.40	233.95	239.40	230.50	20.09 times
Fri 25 Mar 2022	2.42%	227.00	234.70	239.95	227.00	4.79 times
Thu 24 Mar 2022	-0.33%	229.00	229.15	235.00	221.00	18.16 times
Wed 23 Mar 2022	-0.99%	233.00	229.90	240.00	228.75	2.21 times
Tue 22 Mar 2022	-2.91%	239.80	232.20	239.80	228.65	3.27 times
Mon 21 Mar 2022	-4.23%	249.00	239.15	249.00	237.50	3.97 times
Thu 17 Mar 2022	1.05%	250.85	249.70	251.00	244.00	8.3 times
Wed 16 Mar 2022	-2.52%	257.90	247.10	257.90	241.00	5.38 times
Tue 15 Mar 2022	-0.41%	254.55	253.50	255.05	248.20	4.74 times
Mon 14 Mar 2022	2.46%	252.00	254.55	256.00	246.00	14.74 times

Point & Figure Charts for Steel Exchange India Ltd STEELXIND_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 Steel Exchange India Ltd STEELXIND_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 Steel Exchange India Ltd STEELXIND_BE stock.