May go down to a level of 350 in this down trend/ consolidation, where there is 2/1 support. Medium term target is 425
Turned bullish. Support at 2130, target 2475
But on the back of blockbuster result the resistance will be broken tomorrow, for sure. May I make an estimated target price prior to next Q result? 1225 or more!
Near term target 165-168. Major support at 118
Consolidating at intermediate support which is 8/1 angle and 4/1 angle bisector. Medium term target 430 by mid October. Last 8/1 support is at 275
The scrip seems to have turned bullish and in near term 221 can be seen and 280 in medium term.
The stock may go to 3999 and 3940 in the worst case scenerio, can be used as a good entry point
There is a possibility that Graphite may see a level in the range of 940-950 in the coming week. This can be utilized for entry point.
We may see level of 300 in medium term
It will be no surprise if it crosses 600 in next 10 trading days
Let us see if it breaks out tomorrow or falls back.
Either the stock starts up move from here or may visit support at 120.50 for further up move
Descending 1/4 line beacame a resistance and if the bullishness sustains we may see 610-625 in near term
Please watch out for 350 level is crossed on closing basis.