GRAPHITE trade ideas
Graphite Cmp 792.45 dated 24.5.2021Graphite Cmp 792.45 dated 24.5.2021
1. Triangle breakout above 800.
Buy for a tgt of 1000 & 1145 SL 725
It is just a view, pls trade at your own risk.
Graphite Breakout in Stages(Positional)Graphite has came out of range after a period of 20 days till now has sustained above the support line.
To be bought as a positional & hold for stage wise target.
1st Target 592 & stoploss at 440.
Graphite India looks bearish The analysis is given on the chart
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I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and trade carefully!
Grateful!🙏
Graphite India and HEG 5x since last lockdown!NSE:GRAPHITE and NSE:HEG has given stellar returns since 23rd March 2020 till date. Journey still continues as they are as hot as Steel segment gets HOT !
And further will continue after a correction (when steel gets cold) due to Electric Vehicle battery component demand.
Graphite India looks bullish still !NSE:GRAPHITE looks good in advance with Electric Vehicle segment getting ready with battery components.
Watchout for Resistance breakoutThe stock looks good positionally above 719.5 level for further upmove
Rectangular Flag Breakout on Graphite Graphite has formed the rectangular up-flag. The chart was in a 3 weeks long consolidation. This consolidation was preceded by a rally of Rs.210. The price gave the breakout to the consolidation on 10th March 2021. I see the consolidation breakout preceded by a rally as a price pattern - Up-Flag. I estimate the price target at Rs.672. Stop Loss should be set at Rs.491.
Target 2 (96%) achieved. Target 3 is ONThis is follow-up on Graphite India. Can check link to related ideas.
Target 2 achieved. More than 96%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
Graphite India - 600, 800, 900 TargetsGraphite india is looking very strong and can hit ATH in the current commodities cycle
