ebook Munafa Stock Market Course + Intraday & FNO calls  

       

Stock MLEC - Share trades in USA

  • Daily Support: 5.54
  • Daily Resistance: 14.97
  • 5 Day Moving Average is 4.89
  • 20 Day Moving Average is 2.22

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 15 Jan 2026 106.85% 3.57 7.55 12.96 3.53213.72 times
Wed 14 Jan 2026 -25.96% 3.92 3.65 4.09 3.402.03 times
Tue 13 Jan 2026 19.95% 4.19 4.93 4.93 4.001.16 times
Mon 12 Jan 2026 -2.38% 4.22 4.11 4.37 4.050.69 times
Fri 09 Jan 2026 -5.82% 4.51 4.21 4.51 4.090.34 times
Thu 08 Jan 2026 12.03% 4.00 4.47 4.72 4.001.39 times
Wed 07 Jan 2026 2.84% 3.77 3.99 4.20 3.761.08 times
Tue 06 Jan 2026 -9.77% 4.15 3.88 4.35 3.752 times
Mon 05 Jan 2026 1435.71% 4.02 4.30 4.77 3.554.77 times
Fri 02 Jan 2026 16.67% 0.23 0.28 0.28 0.2138.38 times

Point & Figure Charts for MLEC

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 MLEC 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 MLEC stock.

These are . Click the links below to switch between charts

 

Learn about chart analysis in detail & how to trade on these signals

Point & Figure charts of MLEC USA

MLEC Point and Figure Charts settings:
P&F BOX size:   The box size to use for Point and Figure charts of
P&F Reversal:   Reversal of existing move happens when prices shift at least BOX*REVERSAL in opposite direction for
Data to Use:   Do I use daily prices, weekly prices, or monthly prices to plot Point and Figure charts of

Videos related to:

Hindi Video What Is Needed To Succeed In Stock Markets

 

Back to top