POINT and FIGURE char

[Bidhan Saha-1764104472732]

Prasant Sir, Namaskar, Sir Log Value of Box size i.e 0.25%, 1%, and 3% is calculated on which price either LTP or ATP of the instrument , if so then Box value is changed every moment the stock price changes , so ploting ox X and O are also chaged with chages of CMP , am I correct if not kindly clerify the matter of How log value calculated to find box value, i am cofused.