๐ Graphite India - Technical Analysis - 02/02/2024
Current Status:
Yesterday's Trend:
Key Points:
Entry Point: 567.95 ๐ช
Resistance Level: If trades above 567.95 ๐
Target 1: 576.20 or 575.95 ๐ฏ
Stop Loss: 536.60 ๐ด / KEY FIBONACCI LEVELS
Recent Trends:
Indicators:
Conclusion:
Recommended for short-term entry in the current volatile market ๐ช๏ธ๐
Disclaimer:
This analysis is for informational purposes only and does not constitute investment advice. Investing in stocks involves risks, including the loss of principal. Investors should conduct their own research or consult a financial advisor before making decisions. ๐ซ๐ฐ๐
Hashtags:
#GraphiteIndia #StockAnalysis #TechnicalAnalysis #Trading #StockMarket #Fibonacci #BullishTrends #Investment #Finance
Current Status:
- Closing Price: 562.10 ๐
- Fibonacci Level: 0.786 ๐
Yesterday's Trend:
- Opening Price: Fibonacci Level 0.5 ๐
- Movement: Upward to 0.786 ๐
- Signal: Parabolic SAR - Buy ๐
Key Points:
Entry Point: 567.95 ๐ช
Resistance Level: If trades above 567.95 ๐
Target 1: 576.20 or 575.95 ๐ฏ
Stop Loss: 536.60 ๐ด / KEY FIBONACCI LEVELS
Recent Trends:
- Crossed 50-day MA on 30/01/2024 ๐
- Short-term Bull Run ๐
- Increasing Volume ๐ถ
Indicators:
- Static RSI: Middle Range โ๏ธ
- MACD: Expecting Crossover ๐
- Stochastic RSI: Upper Band Strength ๐ช
- Fisher 9: Bullish Trend ๐
Conclusion:
Recommended for short-term entry in the current volatile market ๐ช๏ธ๐
Disclaimer:
This analysis is for informational purposes only and does not constitute investment advice. Investing in stocks involves risks, including the loss of principal. Investors should conduct their own research or consult a financial advisor before making decisions. ๐ซ๐ฐ๐
Hashtags:
#GraphiteIndia #StockAnalysis #TechnicalAnalysis #Trading #StockMarket #Fibonacci #BullishTrends #Investment #Finance
Trade closed: stop reached
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.
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.