GRAPHITE Intraday Tips For 16 Jun 2019

Last update on 14 Jun 2019
GRAPHITE CMP-420.1 currently in down side in intraday. It is likely to test support 416.20 / 412.35 / 408.00. If it breaks above 420.55 with volume then it may test upperside resistance, such as 424.40 / 428.75 / 432.60.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4 432.60
R3 428.75
R2 424.40
R1 422.50
PP 420.55
S1 418.40
S2 416.20
S3 412.35
S4 408.00
Last Day High 424.9
Last Day Low 416.7
Last Day Close 420.1
Close down side
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)