Graphite India - Cup & Handle and Trendline Breakout

Graphite India is trying to break weekly downward trendline and also making a cup and handle. We can expect the price to move to 820-850. Other factors:

1. RSI above 60 on weekly basis and rising showing strong momentum
2. MACD is also on verge on breaking
3. Buying volumes are higher than sellers
4. Graphite India acquires 31% stake in Godi India

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Learning & Earning!!!

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Trade active:

Afrer touching 626, retraced to our price, looking strong to move up..Cheers!!