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 stock
GRAPHITE trade ideas
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.
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.
Graphite India - Rounding Bottom Break Out At the Resistance area once above 660 will open up for 1040
Rounding bottom pattern breakout
Support / SL : 525
Amazing breakout on Weekly / Daily Timeframe - GRAPHITECheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
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. 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.
