Krishnareds

Buying idea - Graphite India

Long
NSE:GRAPHITE   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.
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