Graphite India Limited
Long
Updated

GRAPHITE - MID TERM TRADE - 16th December #stocks

1 109
GRAPHITE (1W TF)

Swing Trade Analysis given on 16th December, 2023 (Saturday)

Pattern: SYMMETRICAL TRIANGLE
- Breakout of Resistance & Trendline - Done ✓
- Retracement & Consolidation - In Progress

#stocks #swingtrade #chartanalysis #priceaction #traderyte #graphite

Trade active
GRAPHITE Update - 27th Dec, 2023

- Entry Triggered at Buy levels
- 7% in 6 Trading Sessions

- SL moved up to Cost

#stocks #swingtrade #chartanalysis #priceaction #traderyte #graphiteindia
Note
- Keep a close watch on Graphite
- Neckline breakout in the making
- Small SL for a high RR
Trade active
Graphite Update - 17th Jan, 2024

- Forming an Ascending Triangle pattern on a Daily TF
- Sticking to a nice Trendline and rising
- Breakout possible
- Keep your Risk Management in play

#stocks #swingtrade #chartanalysis #priceaction #traderyte #GRAPHITE
Note
GRAPHITE Update - 22nd Feb, 2024

- Stock has consolidated for far too long

- However, strong pullback candle today
- Volume buildup
- Will target 650 in the short-term
- TSL is On
Trade active
Graphite Update - 4th March, 2024

✓ 20% in 55 Trading Sessions

-Stock is building up with a nice price action
- TSL is on

#stocks #swingtrade #chartanalysis #priceaction #traderyte #GRAPHITE
Trade active
Graphite Update - 22nd March, 2024

- Been holding through all the turmoil of the last 2 weeks
- Strong pullback on a Weekly Candle
- Nice priceaction in formation
- Waiting for a breakout with a strong volume candle

#stocks #swingtrade #chartanalysis #priceaction #traderyte #GRAPHITE
Trade closed manually
GRAPHITE INDIA Update (as on 12th April)

✓ Closed out for a 29% Return @184

- Need the monies for another Swing Trade
- The stock is still bullish on a Weekly Time Frame though
- Will look at this again on a reversal later

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