Steel and supporting industries are in a long bull run. Untill graphite india is above the red trendline, the script is in a bull run. If its breaks green trend line, go crazy.
Graphite india Long term chart showing cup pattern in making it can go to 2,000 levels in long term(3 to 5 Years) Advantages Commodity cycle Steel Price Soaring up
price has formed flag and broke with volume, seen weak sellers in few last sessions. breaking with wide spread, price is above 200 MA, with last swing low as sl (positional)
Weekly chart of Graphite India today resistance faced near 594 if this resistance cleared or Breakout happens then it could move towards 800
Graphite India today touches its resistance at 594 levels it may consolidate here if Breakout comes then eyes will be for next traget 780
The price has broken the barrier and closed above the parallel zone on a 1-D chart. MACD is about to close the gap and move in the positive zone. RSI is upwards. So expecting an upwards trend in the coming week if the market stays positive.
CMP-528 STOP LOSS-325 TARGET-750/1000/1250/18000.
Dear trader, If u look at the chart of GRAPHITE (analysis based intraday only) the GRAPHITE support 1 at 512 and Target at 525 and Stop loss at 500. The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis. In Intraday most important thing is to enter and exit points. Our signals are based on analytics,...
Today Graphite gave breakout on daily time frame Graphite is rising with strong demand candles there is hardly any supply candle visible on chart, volume is also expanding with price this is sign of strong hands buying in momentum one can long graphite here or wait for pullback till 508-500 sl is at 438
Break out with strong volume, Stock already in continuation pattern. target 900
Looking bullish to reach target for 350 to 450+
Graphite - It is now in that polarity zone. More likely to cross the line on the other side towards 600+. SL is below 420. Let us see. DISC: Not a SEBI Registered. I post charts for my own study.
Synchronous momentum on D / W Stock surged from 185 to 316!
GRAPHITE AFTER A 3 YEAR CRASH, SHOWS SIGNS OF REVERSAL AND RECENTLY CLOSED ABOVE A STRONG MONTHLY SUPPORT. WE MAY CONSIDER AN ENTRY BETWEEN 270-280 LEVELS FOR A SWING TRADE. TARGETS ARE IN CHART... NOTE: NIFTY @ ALL TIME HIGH AND ENTRY AT THIS TIME IS ONLY FOR STRONG HEARTS!
Graphite India - Range Breakout with Volume SL - 215 T1 - 288 T2 - 329 T3 - 392