GRAPHITE INDIA – Bullish Reversal Setup
📊 GRAPHITE INDIA – Bullish Reversal Setup
The stock is showing fresh buying interest after bouncing from the ₹790 zone. Price is holding above key support with a strong recovery candle.
🔎 Technical View:
• Strong rebound from ₹790 support
• Price sustaining above ₹800
• Momentum improving
• ₹832 breakout can trigger fresh upside
🔑 Key Levels:
• Support: ₹790–₹749
• Major Support: ₹730–₹707
• Resistance: ₹832–₹874
🚀 Upside Targets:
• ₹874
• ₹916
• ₹950+
📉 Risk:
Breakdown below ₹749 may weaken the setup.
📈 Trading View:
👉 Sustained move above ₹832 can open the way toward higher targets.
⚠️ For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊