The analysis is given on the chart Comment if you have any query and if you like my analysis, don't forget to press the like button.
I am not a SEBI registered investment advisor and hence do not follow my analysis blindly. Be aware of what you are trading and the risk associated with it. Stock market is risky and you can lose a lot of your capital. Be wise and trade carefully! Grateful!🙏
Wow great analysis. It broke today with great volumes.I have been holding since 650 levels. Should I book half and wait for 900 target ?
inteliigentrader
⋅
@maaz228, Overall structure remains bullish. The rise on 24th May was on back of strong volumes, and the fall in the next two days was on back of low volumes, suggesting that the trend is still bullish. 800 is a resistance currently. I am mildly bullish on this stock. Earnings will also play a pivotal role, so wait for the earnings and then react accordingly.
rcshete
⋅
@inteliigentrader, Quite superb prediction there! 👍 What are the dates for earnings publishing ?
inteliigentrader
⋅
@rcshete, thanks, but I would prefer it to be called "analysis" and not "prediction" as I have put up many reasons behind my view. When I posted this analysis, tradingview showed that earnings was going to be released in 2-3 days, but Graphite didn't announce anything. So, currently results are yet to be announced.
rcshete
⋅
@inteliigentrader, Sure! No doubt. Can we agree on Analtical Prediction or Predictive Analysis then ;)