Trendline breakout in GraphiteThere is a trendline breakout in Graphite today. From here, we can expect targets of 525, 531, 551. Longby Parveen_Verma110
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* Editors' picksby PIYUSHCHAVDA2218
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. Longby DhandhaPaaniUpdated 3
Graphite ... ready for uptrendcurrent RSI > 60 which shows it has strength Target 1 : 640 Target 2 : 700 CMP : 601 SL : 580 This is the correct time to enter the tradeLongby sangoel73223
GRAPHITEGRAPHITE seems good above 625... 625 is a hurdle... Once it crosses above this may attracted towards 800 levelsLongby vinithshah92
GRAPHITE LTD LONGTaking a support from Aug 2023- Graphite has taken a support this month and has created a bullish engulfing candle on this weeks closing. ~Bullish engulfing candles are highly bullish in nature & RSI Reversal. One can see above 530 T1 606 T2 707 SL 495 Longby saurissolutionsUpdated 2
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. Like the analysis? Boost/Like this idea and follow my ID. 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.Longby vicky2525
Graphite India looks like a promising UP SIDEGraphite India looks like a promising opportunity for accumulation at current levels, with potential for a 20% upside by the next quarter. Given its recent performance and market conditions, it could be a solid addition to the portfolio for mid-term gains. What's your take on it? Do share your feedback!Longby profitabledost3
Graphite India Limited: Ready for a Bullish Breakout?Following a prolonged downtrend spanning five months, Graphite India Limited appears poised for a potential bullish reversal. A pivotal indication of a changing market structure is anticipated as Graphite India approaches the end of a BOS. A confirmed shift in CHoCH would be a strong signal for investors, indicating a potential transition from bearish to bullish momentum. On the daily timeframe, a notable double bottom pattern has been identified. This pattern typically indicates a reversal from a downtrend to an uptrend, strengthening the case for a bullish outlook. The present price action demonstrates a close above the equilibrium level, which can serve as a psychological and technical support point. This level is often critical in affirming bullish sentiment among traders. The weekly MACD has exhibited a bullish crossover, with the MACD line crossing above the signal line. Furthermore, the histogram transitioning into positive territory indicates increasing momentum that may support a shift in the prevailing trend. The RSI metric is currently reflecting strength as it moves away from oversold conditions. An RSI reading above 50 typically indicates bullish momentum and may signify growing buying interest among market participants. A successful close above the price level of ₹624 could catalyze upward momentum towards the next resistance level at ₹696 . This point will be critical in determining whether the bullish trend can sustain itself. A support floor is identified at ₹485 , which would serve as a critical level of protection for investors should the price experience short-term volatility. Based on the outlined technical analysis there may be an opportunity for an approximate 18% return on investment from the current price levels in the short term, contingent upon successful price action and trend confirmation. Disclaimer: This technical analysis report is intended for informational and educational purposes only and should not be interpreted as financial advice. Investors should consult a qualified financial advisor or conduct thorough personal research prior to making any investment decisions. All trading involves risk, and past performance is not indicative of future results.Longby NiftyNotions3
Graphite Stock AnalysisSymmetrical Triangle Pattern Breakout and Retest Done. Cup and handle pattern possible 50 MA Support Decent VolumesLongby sn021115
GRAPHITE STOCK :- GRAPHITE TREND :- POSITIVE SETUP :- DOUBLE BOTTOM BREAKOUT WITH BIG VOLUMES TIMEFRAME :- DAILY BUY :- AT CURRENT PRICE WITH SPLIT FORM CAPITAL STOPLOSS :- BREAKOUT CANDLE LOW TARGET :- 1:2 RISK REWARD NOTE :- please consult your advisor before investing in stocks which i recommended Longby nishant26dec20011
GRAPHITEGRAPHITE SUPPORT taken 500 , formed trend line pattern and has created a bullish engulfing candle on this weeks closing bias. RSI is near to 40, target and sl is given, volume increased by fii in this stocks september monthby shabna902
Graphite INDIA- EV Boom - Buy Above 592Graphite India - leading manufacturers of graphite electrodes, which are essential for electric arc furnace (EAF) steelmaking. Graphite India Limited is one of India's leading manufacturers of graphite electrodes, which are essential for electric arc furnace (EAF) steelmaking. Founded in 1974, the company also produces graphite-related products for industrial applications, such as high-temperature and corrosion-resistant materials. Its headquarters are in Kolkata, India, with manufacturing facilities spread across the country. Financials: Graphite India has experienced fluctuations in its financial performance due to the cyclical nature of the steel industry. In recent years, the company's revenue and profitability were affected by the downturn in global steel demand and rising input costs. However, the company has remained financially stable due to its low debt levels and significant cash reserves. Graphite electrodes are a key driver of the company’s revenue, and price changes in the global market impact its profitability. Growth in the EV Sector: With the rise of electric vehicles (EVs), demand for batteries and associated components has grown. Graphite India stands to benefit indirectly from this growth. Graphite is a crucial material in lithium-ion batteries, which power most EVs. While the company’s primary focus is on electrodes for steel production, it is exploring opportunities in the EV supply chain. This diversification could open new revenue streams and reduce dependence on steel industry cycles. Future Revenue & Sales Opportunities: The future growth of Graphite India is tied to global trends in steel production, EV battery materials, and graphite-based products. With increasing investments in renewable energy and EV adoption, the company has the potential to tap into the graphite market for energy storage solutions. Expanding its presence in battery-grade graphite could provide long-term growth opportunities. Additionally, technological advancements and a focus on sustainability may allow Graphite India to strengthen its market position. Chart Details : The stock has gvien double bottom breakout. and one can enter above - 592. for targets of 700/800 and above that open sky. Stop Loss - 500. Above 700. Stock will form Cup and Handle. Disclaimer : Educational Content. Please do your own research.Longby jain_geeteshUpdated 4
Turning Bullish: Graphite India LtdGraphite has recovered nicely from the important support level of 500. It is just trading below the next resistance of 545. Key resistances on the upside are 575, 625, and 673 levels. Key Points to observe: Net profit has considerably increased from Rs. 16 Cr. in Mar 2024 to Rs. 236 Cr. in Jun 2024 Net cash flow has also increased to Rs. 14 Cr in Mar 2024 When compared to Rs. -45 Cr. in Mar 2023 However, the return on equity has been low 5.24% over the last 3 years. It can be a good long-term candidate. Longby shanmurali0
Graphite india shortGraphite india short for the target of 330. Sl below the trend line. Chart is self explanatory. Please follow the price action & take the trade as per your appetite. The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other securities involve risk. The risk of loss in stock market can be substantial. Moreover, I am not a SEBI registered analyst, so before taking any decision or before investing in any Share consult your financial advisor and also do your analysis and research. Request your support and engagement by liking and commenting & follow to provide encouragement.Shortby peacemaker202444113
Stock in Buying Zone: Graphite Ind.The stock is in a downtrend. Currently holding the 550 levels strongly. The next strong resistance is around 605. Can enter for a long-term target of 710. Longby shanmurali1
Graphite india Inverse head n shoulder patternStock is trading at 555. It is making a inverse head n shoulder pattern on a weekly time frame. Breakout Confirmation is still pending. Midterm target will be 644/740/825 This is for educational purpose. Not a buy/sell recommendation. Longby naveenpawar22Updated 117
Graphite IndiaHello and welcome to this analysis A likely triangle taking place currently in higher time frame suggesting breakout above 775 or support (likely last leg of triangle) at 550-450. Overall short term could be sideways, medium to long term appears bullish. Happy Investing08:10by Dinesh_C_Nagpal1
Just A View - GRAPHITE📊 Script: GRAPHITE 📊 Sector: Capital Goods-Non Electrical Equipment 📊 Industry: Electrodes - Graphites Key highlights: 💡⚡ 📈 Script is trading near at Neckline of Double Dottom on Monthly Chart. 📈 One can go for Risky Swing Trade for 66 points till resistance which is 755. 📈 Safe trader can buy only above 755. BUY ONLY ABOVE 755 ⏱️ C.M.P 📑💰- 688 🟢 Target 🎯🏆 - 939 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂Longby radha_23115
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 Longby TradeRyteStockzUpdated 8
Graphite India breaking outGraphite India has broken out of a large symmetrical wedge. The stock looks poised for upward thrust. If the market permits a retest that would be a great opportunity to enter the stockLongby chARTronicsIndia3
Crossed an important resistance todayThe Gann angles drawn from the top which was formed on 10th August 2018 Graphite treaded under Gann influence of this resistance for the last six years. Today it has crossed the resistance when it closed above 650. If it manages to remain above this shadow for sometime, it may test a level of 940 by August 2024. 619 will be a good support till then.by sabyasachi_nath2
Buying idea - Graphite IndiaD+W+M above 60. Triangle breakout on monthly pattern Reached fibo level of 0.50 and sustaining above it next fibo level 0.618 golden level is 740 if sustain above it, it can go to 1000 level Bollinger band squeeze is also opening on monthly chart. first and second target marked on chart. SL on monthly chart would be 430-450. NO BUY OR SELL RECOMMENDATION. ONLY SHARING MY VIEWS. Longby Krishnareds2