Trendline breakout and strong support zone signal rally in Graphite India: Shivangi Sarda

“Graphite India stock has been trading in an upward sloping trendline on the monthly frame with a breakout from a double bottom formation on the weekly frame. Traders can buy for a target of Rs 785 in the next 2-3 weeks,” Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.
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