GRAPHITE INDIA for 15% (approx..) GainGRAPHITE INDIA is for more than 15% . This trade is purely based on volume and support. volume is continuously increasing. This is a different way of trading based on volume. One can execute this. Don't forget CMP is trading below 200 EMA and the result coming.
CMP : 330
TG : 390
SL : 9 day EMA
R/R : 3 times (Risk to Reward)
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery & VWAP.
3: Technical : 9/21/55-EMA, RS<0, MACD, RSI & Super trend up.
4: Fundamental : PE, Industry & peer PE and sector performance.
5: Timing : Entry Timing on 2 hour chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk. Please consult your financial adviser before taking any decision.
