Graphite India Limited (GRAPHITE)
GRAPHITE Bullish Reversal
The chart shows a strong bullish crossover. The price has successfully moved above its short-term Moving Average 10EMA, closing at 549.15.
Technical Setup: A clear bullish candle indicates that buyers are taking control after a consolidation phase.
Key Levels: Immediate resistance is seen at 565. If it sustains above this, the next target is 585.
Support: Strong support is now established at the 525–530 zone.
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