graphite india looks good for 630++

24 thg 9

Cmp 600
stop 580
target 630
risk 20reward 30
period 2 weeks
short positional call
keep strict stoploss
broke resistance level with volume
expect steel millers to expand operation to cope with rising demand.
(Tata steel alsready made largest furnace)
As they expand, they will require electrodes in their furnace..
HEG AND Graphite india arr the major graphite rod makers