diff --git a/pkg/tsdb/graphite/graphite.go b/pkg/tsdb/graphite/graphite.go
index 774bca4bca2..a2783a107fe 100644
--- a/pkg/tsdb/graphite/graphite.go
+++ b/pkg/tsdb/graphite/graphite.go
@@ -57,7 +57,11 @@ func (e *GraphiteExecutor) Execute(ctx context.Context, queries tsdb.QuerySlice,
 	}
 
 	for _, query := range queries {
-		formData["target"] = []string{query.Model.Get("target").MustString()}
+		if fullTarget, err := query.Model.Get("targetFull").String(); err == nil {
+			formData["target"] = []string{fullTarget}
+		} else {
+			formData["target"] = []string{query.Model.Get("target").MustString()}
+		}
 	}
 
 	if setting.Env == setting.DEV {
diff --git a/public/app/plugins/datasource/graphite/query_ctrl.ts b/public/app/plugins/datasource/graphite/query_ctrl.ts
index 93977dc143d..30f17554d2b 100644
--- a/public/app/plugins/datasource/graphite/query_ctrl.ts
+++ b/public/app/plugins/datasource/graphite/query_ctrl.ts
@@ -209,17 +209,40 @@ export class GraphiteQueryCtrl extends QueryCtrl {
     this.panelCtrl.refresh();
   }
 
+  updateModelTarget() {
+    // render query
+    var metricPath = this.getSegmentPathUpTo(this.segments.length);
+    this.target.target = _.reduce(this.functions, this.wrapFunction, metricPath);
+
+    // render nested query
+    var targetsByRefId = _.keyBy(this.panelCtrl.panel.targets, 'refId');
+    var nestedSeriesRefRegex = /\#([A-Z])/g;
+    var targetWithNestedQueries = this.target.target.replace(nestedSeriesRefRegex, (match, g1) => {
+      var target  = targetsByRefId[g1];
+      if (!target) {
+        return match;
+      }
+
+      return target.targetFull || target.target;
+    });
+
+    delete this.target.targetFull;
+    if (this.target.target !== targetWithNestedQueries) {
+      this.target.targetFull = targetWithNestedQueries;
+    }
+  }
+
   targetChanged() {
     if (this.error) {
       return;
     }
 
     var oldTarget = this.target.target;
-    var target = this.getSegmentPathUpTo(this.segments.length);
-    this.target.target = _.reduce(this.functions, this.wrapFunction, target);
+    this.updateModelTarget();
 
     if (this.target.target !== oldTarget) {
-      if (this.segments[this.segments.length - 1].value !== 'select metric') {
+      var lastSegment = this.segments.length > 0 ? this.segments[this.segments.length - 1] : {};
+      if (lastSegment.value !== 'select metric') {
         this.panelCtrl.refresh();
       }
     }