RSI & MRSI charts Alok Industries Limited ALOKTEXT share NSE Stock Exchange

Stock ALOKTEXT - Share Alok Industries Limited trades in NSE under Textiles

Daily Support: 3.15
Daily Resistance: 3.15
5 Day Moving Average is 3.27
20 Day Moving Average is 2.73

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 09 Dec 2019	0%	3.15	3.15	3.15	3.15	-79.05%
Fri 06 Dec 2019	-4.55%	3.15	3.15	3.15	3.15	-79.05%
Thu 05 Dec 2019	-4.35%	3.60	3.30	3.60	3.30	232.3%
Wed 04 Dec 2019	4.55%	3.45	3.45	3.45	3.15	249.98%
Tue 03 Dec 2019	4.76%	3.30	3.30	3.30	3.30	-93.4%
Mon 02 Dec 2019	5%	3.15	3.15	3.15	3.15	-88.17%
Fri 29 Nov 2019	3.45%	3.00	3.00	3.00	3.00	-90.97%
Thu 28 Nov 2019	3.57%	2.90	2.90	2.90	2.90	-96.16%
Wed 27 Nov 2019	3.7%	2.80	2.80	2.80	2.80	-94.1%
Tue 26 Nov 2019	3.85%	2.70	2.70	2.70	2.70	-93.1%

RSI & MunafaSutra RSI of Alok Industries Limited ALOKTEXT NSE

RSI & MRSI settings:

RSI & MRSI MunafaSutra trademark Charts

RSI is the Relative Strength Index and gives signals like over-bought, over-sold, and bullish or bearish divergences. Only the first setting above affects RSI.

MRSI is a MunafaSutra developed formula to measure the strength of bullish or bearish momentum. It gives clear indication if the trend is slowing down, or gaining momentum.

MRSI also gives buy and sell signals, shows divergences, information about over-bought or over-sold status, and trend direction of the stock. Both the settings above affect MRSI charts.