GRAPHITE'S DAY CHART HAS GIVEN A WEAK BUY SIGNAL.
WAIT FOR THE PRICE TO STABILIZE AT 300 LEVEL FOR A WEEK
OR - LET THE PRICE CROSS 320 LEVEL.
UNDER THE ABOVE CONDITIONS, BUYING MAY BE CONSIDERED FOR TARGETS OF 330 & 345.
Hi all, GRAPHITE looks completed it's ABC expanding structure We can look for long bias unless until it's break previous low
If you have any Question feel free comment below and if you agree with my ideas let me know by your likes else comment below
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Fundamentally: Strong and Undervalued
Debt to Equity: 0.04
Consistent profit growth of 51% for last five years.
Stock shall move upto 2-3 times of it book value, indicating a price range of 550-750 in coming year ahead.
Technically: Recovery from downtrend
Positive Divergence observed on the chart, indicating an upside from current...