Graphite India is old economy stock having very good dividends payout track record.
Trend is Bullish now & it is trying to come out above ichimoku clouds which will give us confirmation of bullish trend. It is above all simple moving averages now. Aggressive traders can take position at current price of 76.50 to 78 for medium term targets of target 1: 90 target 2: 95 target 3: 105 with strict stop loss of 72
Fundamentally graphite is also good for long term investment & one can expect level of 130 in long term.
Disclosure: I may or may not have positions in stocks that i have expressed opinions here on tradingview so views can be biased.
Disclaimer : The stock picks are purely a view point of individual and there is no guarantee on the returns. Hence all the visitors are requested to apply their prudence and consult their financial adviser before acting on any of the recommendations by this any of its mode. I do not take responsibility of any losses incurred (if any) by acting on the recommendations.
Trend is Bullish now & it is trying to come out above ichimoku clouds which will give us confirmation of bullish trend. It is above all simple moving averages now. Aggressive traders can take position at current price of 76.50 to 78 for medium term targets of target 1: 90 target 2: 95 target 3: 105 with strict stop loss of 72
Fundamentally graphite is also good for long term investment & one can expect level of 130 in long term.
Disclosure: I may or may not have positions in stocks that i have expressed opinions here on tradingview so views can be biased.
Disclaimer : The stock picks are purely a view point of individual and there is no guarantee on the returns. Hence all the visitors are requested to apply their prudence and consult their financial adviser before acting on any of the recommendations by this any of its mode. I do not take responsibility of any losses incurred (if any) by acting on the recommendations.
Trade closed: target reached:
TARGET ACHIEVED.