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
This 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...
Rectangle 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.
A 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.
Please like and follow!
Happy Trading :)
As 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
A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.
The head and shoulders pattern is believed to be one of the most...
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice
Shall t take support before the line of control
if yes then t may form a lower low to empower further
Over all wave looks weak
Best levels 698 - 712.80 for pickup
