Graphite India share price has been in a strong uptrend since April this year. After a brief consolidation above ₹400 all through the month of July, the stock has started to move up again over the last two weeks. Below that ₹420 – the 21-Day Moving Average (MA) is the next strong support. Graphite India share price can rise to ₹550-560 over the next three-four weeks. Move the stop-loss further up to ₹490 when Graphite India share price touches ₹510.

Source: The Hindu August 08, 2023 12:10 UTC