GRAPHITE LONGGRAPHITE INDIA STOCK is looking bullish if it breaks trendline and resistance
ONLY FOR RISKY
can go long after doing your own analysis
ONLY FOR EDUCATIONAL PURPOSE..!
GRAPHITE trade ideas
GraphiteGraphite
Stock is at Gap Resistance Zone
Sustaining above 430 may give it fresh legs to move.
Remain Positive till trading within Pithfork.
Exit if price breaks down.
graphite india looking good above 430graphite india looking good above 430.
ID:
bullet candle weekly
GRAPHITE INDIAWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
Graphite moving in Trendline in weekly pattern.Note - Not a call. Idea for self learning purpose only.
Stage 1 to 2Stage analysis 1 to 2
30 week ma breakout
stage 2 1st base formation
Rising 3 relative strength lines
#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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Given triangle breakoutThe stock has given a triangle breakout and currently consolidating above the upper trendline after retesting.
Buy above 587 level (on closing basis) for positional targets of 630 and 660.
Learn & Earn,
Dr. Tanya Kumar
GRAPHITE All detail for chat. good entry at mark price only. and must stoploss is 510 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
Graphite India to give easy 800 Target NSE:GRAPHITE reversed from the channel it has been correcting in.
It now continues in the channel of Upward momentum.
Aim for Rs820 as a potential Target.
Graphite India taken support @ .618Graphite India taken support @ .618
Grpahite vs HEG ..pattern looks almost same...
In Q3FY22, Graphite India registered net sales of Rs 880 crore, up by 76 per cent year-on-year (YoY) and 27 per cent QoQ basis. The sales growth was driven by both higher volumes and realizations.
Graphite Daily channel breakout!Graphite Daily channel breakout!Graphite Daily channel breakout!Graphite Daily channel breakout!
support zone 456 @ .5 FIB Levels
weekly cup anbd handle
Graphite - Head and Shoulder chart patternGraphite India formed a bullish chart pattern called inverted head and shoulder.
RSI is above 60 showing strength that price can go up the level mentioned below
Buy Above 550
Stop Loss 499 below
Target 1 600
Target 2 675
GRAPHITE READY FOR 1000 IN FEW MONTHS#GRAPHITE (POSITIONAL PICK)
CMP 534.75
TGT 620,690,760,860,990
SL 390
Risk Reward (RR) - 1:3.23
Potential Returns : 85%
Potential Loss: 26%
Time Frame: 6 to 12 Months
bullishWedge broken, 1/1 descending resistance line has been broken out. Closing above 515 and remaining bullish, we may see a level of 650 in intermediate term. Support at 495.
Trend line breakout !!The Stock gave trend line breakout. Now trading above all EMAs.
This is only for educational purpose.
IS GRAPHITE INDIA READY FOR TREND REVERSAL? TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
Graphite India - Positive Technical moveGraphite India is among top 5 Graphite manufacturers globally. It enjoys good easy demand and that it is expected to continue enjoying the same. With climate control steps being increasingly taken by manufacturing countries, use of Graphite is expected to grow consistently, as graphite oriented metal processing creates far less hazardous gases.
Technicals:
On Weekly Chart, Graphite India is giving three positive indicators M pattern break out from trough region, positive RSI divergence and Inside Bar Breakout.
Cautious level to be seen on this counter is at around 400, otherwise it is a kind of buy on dips as its financials have also started improving hugely.
I am not a SEBI registered analyst and this is just an educational purpose study for own perusal. Please note that, out of all the studies that I am giving, I may or may not be holding positions at any given time, because I am not a long term investor.
