Trendline support and triangle patternCMP : 610
Target : 730, 800
SL : 560
Please Maintain your risk
GRAPHITE trade ideas
#Graphite India long opportunity#Graphite India long opportunity
target -734
Sl-583
CMP: 736 @13 September 2021
Timeframe - 3 to 6 months
GRAPHITE INDIAStock is inside two trendlines, it is resisting upper trendline and bouncing from lower trendline, bounced from lower trendline recently on 24th august, buy opportunity at current market price for 12% target till the stock reaches upper trendline.
Tweezer Bottom on daily chartgraphite india getting a chance to move up as tweezer bottom with
engulfing green candle on daily chart..
but will it ??
something happening so only watching for learning
At major supportGraphite is at Major support.
Also it is a fib level.
Wait for weekly close.
Only add if it shows strength.
At major supportGraphite is at Major support.
Also it is a fib level.
Wait for weekly close.
Only add if it shows strength.
Graphite India is ready for a breakoutGraphite India looks good for short term above 816.
The following are the reasons which i believe is positive for this company
1) Approaching a trendline breakout
2) Rounding bottom breakout done
3) Continuously posting good profits for the past 4 quarters
4) FII stake has been increased
Graphite 729 dated 6.8.2021Graphite 729 dated 6.8.2021
1. Ascending Triangle Pattern BO @ 750
Buy @ Cmp for a tgt of 790-815 SL 700
Higher Tgt of 925 SL 670
It is just a view, pls trade at your own risk.
Target achieved! 7.2% gain!!The stock was given on 27 July and it hit the target of 745 today. HIT the like button if you liked my analysis and do FOLLOW for regular swing trading ideas. For reference, I am attaching the idea suggested on 27th July.
GRAPHITE Bullish trend alert GRAPHITE:-
1.wait to confirmation target 2 for target 1 breakout
2. supply/ demand zone breakout
3. after u can expert big rally
TARGET ACHIEVED (7%)Suggested graphite long @684 with first target at 741
TOUCHED OUR FIRST TARGET TODAY!!!
Reached 741 today
7% RETURNS IN JUST 4 DAYS!!!!
FOLLOW FOR MORE SUCH IDEAS
GRAPHITE INDIA LONGOPEN CHART FOR DEATILED ANALYSIS
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BUY GRAPHITE India at current level.BUY GRAPHITE India at current level 687 with stop loss at 675. Its a good time to buy Graphite India as it will be beneficiary of the current metal stock rally. One should buy and keep it in the portfolio for a next one month. It can give good rally and results are expected to be good because of recent demand in metal sector. 30mins time frame is used to enter the stock
FY21-22 Swing Trade Idea #140:: Long on GRAPHITEThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
GRAPHITE INDIA - RectangleRectangle forming on 3H Chart of GRAPHITE INDIA. BUY CMP/681.1 SL breakout candle low or nearby 30M base formation, Target(s) - 695, 715, 730, 737-40. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Ascending Triangle BreakoutA self-explanatory chart and title! Can be bought for a target of 745. CMP-695. No strict SL is required, but if anyone wants to keep it, it will be 638 on a closing basis.
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Happy Trading :)
Graphite Ascending Triangle BreakoutAs can be seen from chart, the stock has made an Ascending triangle breakout with exceptional candle and above average volume spurt.
Previously, it had made the sme type of pattern which can be seen as shown on to chart.
Intraday Long above 696 can give 707/718
Positionl long above 696 can give 745/780
