Buying idea - Graphite India
D+W+M above 60.
Triangle breakout on monthly pattern
Reached fibo level of 0.50 and sustaining above it
next fibo level 0.618 golden level is 740 if sustain above it, it can go to 1000 level
Bollinger band squeeze is also opening on monthly chart.
first and second target marked on chart.
SL on monthly chart would be 430-450.
NO BUY OR SELL RECOMMENDATION. ONLY SHARING MY VIEWS.
Triangle breakout on monthly pattern
Reached fibo level of 0.50 and sustaining above it
next fibo level 0.618 golden level is 740 if sustain above it, it can go to 1000 level
Bollinger band squeeze is also opening on monthly chart.
first and second target marked on chart.
SL on monthly chart would be 430-450.
NO BUY OR SELL RECOMMENDATION. ONLY SHARING MY VIEWS.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.