Free Point and Figure charts Technofab Engineering Limited TECHNOFAB share NSE Stock Exchange

Stock TECHNOFAB - Share Technofab Engineering Limited trades in NSE under Construction & Engineering

Daily Support: 8.65
Daily Resistance: 9.2
5 Day Moving Average is 8.89
20 Day Moving Average is 10

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 27 Nov 2020	3.39%	9.25	9.15	9.25	8.70	9.22 times
Thu 26 Nov 2020	-1.67%	9.15	8.85	9.15	8.75	2.7 times
Wed 25 Nov 2020	1.12%	9.15	9.00	9.15	8.65	8.17 times
Tue 24 Nov 2020	4.09%	8.55	8.90	8.95	8.25	2.71 times
Mon 23 Nov 2020	-3.39%	9.05	8.55	9.10	8.45	9.25 times
Fri 20 Nov 2020	0%	9.10	8.85	9.10	8.70	4.45 times
Thu 19 Nov 2020	1.14%	8.55	8.85	9.05	8.40	1.75 times
Wed 18 Nov 2020	2.94%	8.80	8.75	8.80	8.20	3.36 times
Tue 17 Nov 2020	0%	8.50	8.50	8.85	8.20	8.72 times
Mon 16 Nov 2020	-1.73%	9.05	8.50	9.05	8.35	0.27 times

Point & Figure Charts for Technofab Engineering Limited TECHNOFAB

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 Technofab Engineering Limited TECHNOFAB 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 Technofab Engineering Limited TECHNOFAB stock.