pole and flag pattern in graphite indiacurrently in channel pattern. wait for a clear decisive breakout!
GRAPHITE trade ideas
GRAPHINE INDIA LOOKS BULLISH FOR TGT OF 640*GRAPHITE*
*CMP* 486.95
*TGT* 504, 530, 550, 570, 600, 640
*SL* 455
*Risk Reward (RR) -* 1:4.5 (Strong)
*Potential Returns :* 31%
*Potential Loss:* 7%
*Time Frame:* 1-2 Months
*Chart Link*
Graphite Cmp 524 dated 30.12.2021Graphite Cmp 524 dated 30.12.2021
1. Parallel Channel BO @ 500
2. Volume BO
Buy for a tgt of 630-660-700 SL 475
It is just a view, pls trade at your own risk.
Graphite = Double Bottom The stock has broken out from Double Bottom Bullish trend reversal pattern.
look to buy.
Watchout for Resistance breakoutThe stock has taken support on 100EMA, made a double bottom pattern and closed above 200 EMA. The volumes are pretty high after a long span.
Buy above 450 level for first target of 475.
Learn & Earn,
Dr. Tanya Kumar
GraphiteBuy-415-520
SL- 400 Below Daily Closing Basis
Target- I am not getting out of it before 4 Figures..
Bottom Has Been Made Almost And is now Ready For Fire In The 5th Wave..
Bulls Are In Charge .
Have Some Patience Of 6-8 Months And You Can Be Rewared More Than 100%
Graphite India - LongGraphite India - Long
Target: ₹ 523
Buy & Accumulate Zone: 400-430
Support: ₹ 400
Trade and Invest Wisely with your own knowledge! Good Luck!
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Please do your own research and consult with your financial advisor before taking any action.
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Buy in Graphite india At double bottomBuy graphite India at CMP:460-470
Target :509/550
stoploss: 446
Disclaimer : Do your own research Before investing trade on Your own Risk.
Graphite india BearishSeems Descending Triangle Breakout
rally may continue further
concentrate if price sustain below 480
Graphite for short term sellTrade based:
In day tf it was a sell trend.
hr tf. bounce back break out happen. it indicates continue the sell trend.
Graphite India - Expecting Bullish MoveLooks like Stock may hold 550 area
If sustains den it may show 700 ++ again very soon
Risk to Reward Ratio is excellent here
Analysis: Triangle S&R+ C&H+ Fib LevelDouble opportunity in Graphite India.
Long Trade - If taken a support at Trendline (Fib Level .618) : Entry at reversal candle Rs 585, Stop Loss Rs 565 & Target Rs 705
Short Trade - If break the support Trendline (Fib Level .618) : Entry Rs 559 , Stop Loss Rs Rs 605 & Target Rs 450
Graphite, buying pressure around lower median lineGraphite made a strong bullish engulfing candle on good volume after consolidating for last few days around the lower median line of the pitchfork.
1. price is above long term moving average of 200SMA ✔
2. Price is not above short term moving average of 50 SMA ❌
3. Uptick in RSI ✔
4. bullish MACD signal✔
5. above average volume✔
Target is the central median line. Price penetrating and closing below the lower median line of the pitchfork on consecutive days will mean the idea has failed.
**I will be posting ideas for my own journal-ing and learning sake and to hopefully spark up educational discussions. Please do not construe them as recommendations as I am just an amateur here to learn :)
Triangular break out?The picture says it all. Speed breakers at 675, 700-725 and the last one is at 790-800. By January '22 it should break free.
Graphite may touch 1200 levels on or b4 27th june 2022Graphite may touch 1200 levels on or b4 27th june 2022
Capture Zone: 610-450 levels
Stoploss: 425 weekling closing basis
In consolidationHowever Graphite may surprise us in short term. However things will look up only when it moves above 789 in a quarter or earlier.
READY FOR SHORT SPURT DISCLOSURE
This is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
I am not responsible for your loss or gain
It is prudent to assume that I have ulterior motives in publishing this Idea
I and my clients might or might not have a position, I and my clients might or might not have a opposite position
VIEW :-
SHORT SPURT IS EXCPECTED
Graphite India gearing upGraphite India has been consolidating for the past few days with low volume. This time tested the gaps at 590-600. Once the 625 -630 levels are broken, can do well in the coming weeks.
Graphite India, Traingle PatternGraphite India, Traingle Pattern formationn breakot can lead to good upside in side. in intraday chart buying coming with good volumes.
GRAPHITE 1D TF Graphite is currently at a strong support level, i.e., 580. It is good time to go long in this stock with a very small SL.
CMP :- 598
SL :- 560
Target :- 752, 815++
R:R :- 1:5.4
Graphite India Ltd. - Technical Analysis.To the best of my sight, there's a clear downward trend since may this year, supported by head & shoulders.
Scrip's trading very close to MA 200 support levels.
If it crosses the support level, which seems possible, It could slide down to 485-489 levels.
However, If the coming quarter favors the company along with market's positive reaction thereto, Stock might bounce back.
