Trendline + Cup & Handle breakout & Retest also done
📈 Graphite India
✅Trend + Cup & Handle breakout
✅ Retest also done in lower time frame
✅ Taking strong support in 50 EMA & lower trend
✅RSI breakout
GRAPHITE trade ideas
Graphite. Breakout stockInverse head and shoulder Break out and retest confirmation on weekly chart. W pattern on daily chart.
Buy price: 630
Follow base Trent line as stop loss.
3 Swing trading ideas for 23 Feb Markets I make educational content videos for swing / positional trading
Graphite India Breaks Multiyear Resistance on High Volume Graphite India Breaks Multiyear Resistance on High Volume, Poised for Further Upside
1. Multiyear Breakout: Graphite India has broken out of a multiyear resistance level, indicating a significant bullish move.
2. High Volume Confirmation: The breakout is supported by high trading volume, confirming the strength of the breakout.
3. Retest Completed: After the breakout, the stock has successfully retested the breakout level, a bullish sign indicating a potential continuation of the uptrend.
4. Immediate Resistance Breakout: Graphite India is now poised to break another immediate resistance level, supported by strong momentum.
5. Potential for Excellent Profit: With its strong technical setup, Graphite India looks promising and could offer excellent profit opportunities in the coming months.
Graphite India - Cup & Handle and Trendline BreakoutGraphite India is trying to break weekly downward trendline and also making a cup and handle. We can expect the price to move to 820-850. Other factors:
1. RSI above 60 on weekly basis and rising showing strong momentum
2. MACD is also on verge on breaking
3. Buying volumes are higher than sellers
4. Graphite India acquires 31% stake in Godi India
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!!
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 - Any Dip is a Buy opportunityStrongly forming Higher High,
RSI confirns the Strength of Upmove.
Triangle Pattern Breakout on Strong Candle Basis.
Good to Hold for #shortterm to #longterm.
Have your own analysis and maintain your RISK REWARD!
GRAPHITE INDIA LOOKING GOOD FOR LONG Graphite India looking good for long, there is long time trend line break and seems W pattern emerging.
Fresh Breakout in Graphite IndiaGraphite India Technical View
-After consolidating for almost 50+ days, Graphite India gave a fresh breakout.
- High volumes
Long view after breaking high of breakout candle with candle low as stop loss.
Only For Learning, Keep on radar.
Happy Trading.
Graphite indiaGraphite india looking bullish
It is farmed flag and pole pattern and retested good demand zone
Good time to invest in this stock
Stop loss is also very small@ 494
My first target@600
Second target@700
GRAPHITEINDIA : TRENDLINE BREAKOUTNSE:GRAPHITE has broken 2 year old trendline and the tragets for the same are mentioned.
GRAPHITE bullish; above 580 ? - Monday 5th Feb.The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buy in hope of another 2% upmove intraday.
"High Risk Traders" patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders book profits at this stage
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
Graphite As per chart on daily and weekly basis, the stock has crossed recently 578 hurdel and trading at 586, fresh leg of move just started, MACD point of view the stock can move 800 level in coming days, 20% circuit can also be expected, so one can look for the trade with strict stoploss 560.
Graphite India Ascending triangle breakout Graphene is highly used in Lithium Ion batteries. Graphite India is operates graphite mining activities. Demand has already come but prices still tend to accumulate. Can be rewards some in mid term journey.
Disc - Invested
3T VCP3T VCP
✅Add to your watchlist
GRAPHITE
+ Zoom out the Chart for more Clarity
+ Consolidating at 2+ Years long Resistance
+ Trading above Key EMAs
GRAPHITE INDIALooks extremely bullish on charts. Expecting to reach all time high. For tracking purposes only
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
Inverse head & shoulder pattern.Metal sector is buzzing in trade as there is depreciation in dollar. Graphite India has breakout from inverse H&S pattern and showing strength with good volumes. Good to go long at current levels with risk @ 540.
Near to 52Week HighNear to 52Week High, High volume, Trend Reversal, Better performace than NIFTY 50
Graphite breakout on a weekly timeframeThe stock is exhibiting positive technical signals by trading above both the 20-day and 50-day Exponential Moving Averages (EMA). This suggests that the stock is experiencing upward momentum in the short and medium term. The crossover of the 20-day EMA above the 50-day EMA may indicate a potential bullish trend. The relatively low Price-to-Earnings (PE) ratio of 11.76 compared to the sector is a positive fundamental aspect. This could indicate that the stock is attractively valued, potentially presenting an opportunity for investors. However, it's essential to consider other fundamental factors and industry dynamics that might be influencing the PE ratio.
The breakout on the weekly timeframe is a significant technical development. Weekly timeframes are often used by traders and investors to identify longer-term trends. Confirming the breakout with increased trading volumes on the weekly chart would provide additional validation of the new trend direction.
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 has moved out of the channelGraphite has moved out of the channel
It came back to the BO and gave second chance to buy near 500
Cmp 533 . hold and add for the upsidxe of 555/600
