GRAPHITE trade ideas
GRAPHITE INDIA ready for breakout and bull runGRAPHITE INDIA ,can be now a multi bagger stock if breakout sustains and investors looking for good investment oppurtunity can enter here as safe entry point.
those who are looking for 1-2 years of investment and good returns can enter in a SIP manner to avoid risk of major loss as volume increases investment amount can be increased.
NOTE: Enter only if strong breakup volumes are found
Trendline Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
Please consider these ideas for educational purpose
Comment below if you are looking for any answers.
Volumne SprutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
GRAPHITE Best Entry SetupNSE:GRAPHITE has done breakout above weekly 60% Fibonacci retracement which is a major resistance.
My idea is to take entry at the level of 376, then wait till targets of 459 & 493. It would be best risk and reward option.
My stop loss will be 331.
Note: This is my personal analysis, only for learning. Thanks.
GRAPHITENSE:GRAPHITE
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