Abin_E

Graphite India is ready for a breakout

Long
NSE:GRAPHITE   GRAPHITE INDIA
Graphite India looks good for short term above 816.

The following are the reasons which i believe is positive for this company
1) Approaching a trendline breakout
2) Rounding bottom breakout done
3) Continuously posting good profits for the past 4 quarters
4) FII stake has been increased

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