GRAPHITE - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Intraday Trade Analysis – Graphite India Ltd. (GRAPHITE) IntraDay Trade Rating: 3.1

GRAPHITE presents a neutral-to-cautious intraday profile. While the stock has shown a strong quarterly profit rebound and sits near key support zones, a few flags on volume and RSI suggest limited momentum for a full-on breakout intraday.

🔍 Technical Snapshot

RSI (45.8) → Below midline; neutral to slightly bearish. Watch for a break above 50.

MACD (0.45) → Flat to marginally positive; lacks strong trend confirmation.

Volume (3.99L vs 6.22L avg) → Below average; intraday activity is muted.

Price above DMA50 (₹548) and DMA200 (₹521) → Short-term structure intact, but not convincingly bullish.

💸 Intraday Trade Setup

🧾 Trade Component Suggested Range (₹)

Buy Zone ₹547 – ₹551

Profit Target ₹558 – ₹566

Stop-Loss Level Below ₹542

Ideal entry is on minor dips toward ₹548 with confirmation via bullish candlestick setups or pickup in volume above 5.5L.

⏱ If Already Holding Today

Exit for Profit

Consider booking around ₹558–₹566 if RSI moves above 50 and MACD steepens positively.

Confirmation: Bullish price action with intraday volume breaking 6.5L mark.

Exit for Loss Protection

Cut position below ₹542 if price shows rejection wicks or volume contracts under 3.5L.

RSI dipping below 43 and MACD turning flat or red strengthens the downside warning.

💬 Final Thought

GRAPHITE’s fundamentals and long-term chart are intriguing, but intraday conditions are lukewarm unless there’s a surprise surge in volume or momentum. If you’re chasing quicker intraday setups with clearer directional conviction, I can hunt for better momentum tickers. Let me know your style — breakout chaser, scalper, or reversal fan — and I’ll tailor picks just for you.

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