Analysis: Triangle S&R+ C&H+ Fib Level

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Double opportunity in Graphite India.

Long Trade - If taken a support at Trendline (Fib Level .618) : Entry at reversal candle Rs 585, Stop Loss Rs 565 & Target Rs 705

Short Trade - If break the support Trendline (Fib Level .618) : Entry Rs 559 , Stop Loss Rs Rs 605 & Target Rs 450

Note
Long Trade - If taken a support at Trendline (Fib Level .618) : Entry at reversal candle Rs 602, Stop Loss Rs 565 & Target Rs 698

Short Trade - If break the support Trendline (Fib Level .618) : Entry Rs 541 , Stop Loss Rs Rs 585 & Target Rs 498
Double Top or BottomFibonacciSupport and Resistance

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