Marketik

Graphite India Breaks Multiyear Resistance on High Volume

Long
NSE:GRAPHITE   GRAPHITE INDIA
Graphite India Breaks Multiyear Resistance on High Volume, Poised for Further Upside

1. Multiyear Breakout: Graphite India has broken out of a multiyear resistance level, indicating a significant bullish move.

2. High Volume Confirmation: The breakout is supported by high trading volume, confirming the strength of the breakout.

3. Retest Completed: After the breakout, the stock has successfully retested the breakout level, a bullish sign indicating a potential continuation of the uptrend.

4. Immediate Resistance Breakout: Graphite India is now poised to break another immediate resistance level, supported by strong momentum.

5. Potential for Excellent Profit: With its strong technical setup, Graphite India looks promising and could offer excellent profit opportunities in the coming months.

Join our community in telegram for real time updates --- telegram.me/marketiik

Telegram- telegram.me/marketiik

A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Disclaimer

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.