Rectangle pattern breakout in Graphite daily charts

CapitalViaGlobal Updated   
GRAPHITE is looking more bullish from current levels as It formed a rectangle price pattern on daily chart, Breakout of the same from the Price of 520-524 may lead the price of the stocks to the level of 680-700 in the near term. Stop levels for the stocks is below 458. Delivery Percentage of the same from Last one months gained nearly 7% and One day delivery volume is 203% more than average volume of last 5 days.
Trade closed: stop reached:
SL hit Graphite

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.