PVM Price Volume Measure charts Meghmani Organics Limited MEGH share NSE Stock Exchange

Stock MEGH - Share Meghmani Organics Limited trades in NSE under Specialty Chemicals

Daily Support: 134.13
Daily Resistance: 142.38
5 Day Moving Average is 137.57
20 Day Moving Average is 134.46

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 17 May 2021	0.44%	138.25	138.25	141.50	133.25	186.25%
Fri 14 May 2021	-0.29%	140.50	137.65	141.60	136.65	31.24%
Wed 12 May 2021	0.33%	139.30	138.05	143.50	134.55	69.65%
Tue 11 May 2021	0.95%	134.85	137.60	141.95	130.05	122.1%
Mon 10 May 2021	-6.74%	145.00	136.30	145.25	135.65	91.63%
Fri 07 May 2021	1.78%	146.05	146.15	149.95	144.50	-4.4%
Thu 06 May 2021	-3.07%	148.95	143.60	149.35	142.70	-27.24%
Wed 05 May 2021	0.14%	150.50	148.15	153.95	146.20	61.29%
Tue 04 May 2021	-0.1%	149.35	147.95	153.80	141.90	259.82%
Mon 03 May 2021	4.92%	141.00	148.10	153.50	140.50	424.16%

PVM Price Volume Measure chartss of daily price volume action, Weekly price volume action, Monthly price volume action of Meghmani Organics Limited MEGH NSE

Data to use: Smooth by:

PVM MunafaSutra trademark Charts

PVM is short for Price Volume Measure. These charts are exclusive by MunafaSutra, and measure Price and volume changes for a given time period.

PVM measures the amount of volume gained during a stock price fall, or a stock price rise.

What we are looking for are long volume (gray) bars, and a corresponding long price bar. Green in case of price rise, and red in case of price fall. Look for the arrow like structures made by the bars to take a successful trade!