Graphite India cmp 521.60 by Monthly Chart view*Graphite India cmp 521.60 by Monthly Chart view*
- Support Zone 455 to 490 Price Band
- Stock Price is well above the EMA 21, 50, 100, 200
- Stock Price has tested retested Support Zone well enough for Fresh Breakout
- Weekly Support at 445 > 380 > 310 with Resistance at 595 > 670 > 740 > ATH 815.90
- *Monthly Stock Chart indicative of good probability for a Fresh Upside Breakout basis Multiple Test Retest of the Support Zone*
Graphiteindia
Graphite India for 100%+ upsideDate: 21 Sep’24
Timeframe: Weekly chart
Graphite India currently seems to be in Wave III of 3 which is heading towards 1400 levels (130% growth from current price) as seen in the chart. Even if it attains its previous all time high of August 2018, that’s almost double its current price. If one can handle the fluctuations that operators inject from time to time and hold tight, this one is a no brainer.
This is not a trade recommendation. Please do your own analysis.
Graphite India Ltd - Breakout OpportunityDate : 24-Sep-2024
LTP : Rs. 598.15
Resistance Levels: (R1) Rs. 709 --> (R2) Rs. 815
Support Levels : (S1) Rs. 495
Technical View:
• NSE:GRAPHITE is in strong primary uptrend and was recently going through it's secondary downtrend within primary uptrend.
• After touching the high of 709.40 on 25-Apr-2024, it has retraced 32% to 485.15 level.
• NSE:GRAPHITE has breakout from it's secondary downtrend with higher than average volume. Breakout is also supported by increased volume in last few sessions.
• NSE:GRAPHITE is trading above both 20 DMA and 50 DMA since last few sessions. 20 DMA has crossed over 50 DMA on 23-Sep-2024.
• RSI is trading at 70.65. MACD is trading at 15.70. Both MACD and RSI is showing positive momentum.
• Looking good for a new swing from here.
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Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. My ideas are published for learning purpose only and are available to everyone at no cost/charge.
GRAPHITE - MID TERM TRADE - 16th December #stocksGRAPHITE (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
GRAPHITE INDIA: SHORT TERM BULL RUN EXPECTED📊 Graphite India - Technical Analysis - 02/02/2024
Current Status:
Closing Price: 562.10 📈
Fibonacci Level: 0.786 🌀
Yesterday's Trend:
Opening Price: Fibonacci Level 0.5 🌀
Movement: Upward to 0.786 📈
Signal: Parabolic SAR - Buy 🛒
Key Points:
Entry Point: 567.95 🚪
Resistance Level: If trades above 567.95 🛑
Target 1: 576.20 or 575.95 🎯
Stop Loss: 536.60 🔴 / KEY FIBONACCI LEVELS
Recent Trends:
Crossed 50-day MA on 30/01/2024 📈
Short-term Bull Run 🐂
Increasing Volume 📶
Indicators:
Static RSI: Middle Range ↔️
MACD: Expecting Crossover 🔄
Stochastic RSI: Upper Band Strength 💪
Fisher 9: Bullish Trend 📈
Conclusion:
Recommended for short-term entry in the current volatile market 🌪️📊
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. 🚫💰🔍
Hashtags:
#GraphiteIndia #StockAnalysis #TechnicalAnalysis #Trading #StockMarket #Fibonacci #BullishTrends #Investment #Finance
GRAPHITE - SWING TRADE - 15th December #stocksGRAPHITE (1D TF)
Swing Trade Analysis given on 15th December, 2023 (Friday)
Pattern: RECTANGLE BOX BREAKOUT
- Breakout of Resistance & Trendline - Done ✓
- Volume Spike Buildup - Done ✓
- Retracement & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #graphite
GRAPHITE - Weekly chart, Reversal SetupThe analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. This is a continuation breakout chart.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
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.
GRAPHITE - Ichimoku Bullish Breakout Stock Name - Graphite India Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 381
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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GRAPHITE INDIA LTD (WOLFE WAVE)Graphite India in Bullish Wolfe Wave. As this analysis has been done in weekly time frame so having patience is advised for the target and return.The Rate Of Change has been customised for a better fit. The ROC indicates the initiation of a uptrend. However, the major up move is expected for 587 when the stock closes above 418 on Weekly basis. So it is advisable to venture into this trade after a proper confirmation.
If we closely look at the stocks in Graphite & Carbon Segment majority of the stocks are bottoming out or in uptrend. In Graphite & Carbon Segment 1.HEG & 2. PANCARBON has some bullish sign as well . One can focus on these two stocks as well apart from Graphite India for good returns.
CHART & ANALYSIS
ADARSH KUMAR DEY
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalGRAPHITE INDIA
On weekly chart Cup & Handle Formation and also near to Trendline breakout On Daily and Weekly Chart
Also recent volume coming
Buy above 585/590 levels on closing basis, for positional targets of 630/650/660
keep SL of below trendline on closing basis.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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