TraderHercules

GRAPHITE INDIA- BULLISH BREAKOUT

Long
NSE:GRAPHITE   GRAPHITE INDIA
Graphite India
Graphite India being very niche stock. Demand for Graphite is rising in China and the international market. Strong support at 150. A big bullish trend can be expected.

CMP - 268.5
Target - 328
Support - 150
Type of Trade - Swing
Duration - 2-4 Months
Comment: Stock is slowly moving towards our target. Partial profit booking can be done here.
Already 12.47% up. Once 300+ level is sustained we should see 320+ in no time. Please keep trailing stop-loss. Thanks!