Possible Multi-Bagger Opportunity
Graphite India is moving sideways in a big range and forming an ascending triangle, wave count is complete, but on the linear chart (caption image) Graphite India is forming symmetrical triangle and last wave is still incomplete. Good volume activity at the current price and last time stock was rangebound for similar interval before huge upside.
There are two possibilities: -
Breakout from here and one can buy at retest around 655.
Stock tests support again and best buying opportunity around 450-430.
Target ranging from 1140 (linear) to 3400 (log). Nothing is going to happen overnight; it will take time.
Always go with a logical stop loss for capital protection.
Graphite India is moving sideways in a big range and forming an ascending triangle, wave count is complete, but on the linear chart (caption image) Graphite India is forming symmetrical triangle and last wave is still incomplete. Good volume activity at the current price and last time stock was rangebound for similar interval before huge upside.
There are two possibilities: -
Breakout from here and one can buy at retest around 655.
Stock tests support again and best buying opportunity around 450-430.
Target ranging from 1140 (linear) to 3400 (log). Nothing is going to happen overnight; it will take time.
Always go with a logical stop loss for capital protection.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.