Graphite India Ltd.
NSE: GRAPHITE · Capital Goods
Volume divergence and missing fundamentals undermine a 48% rally near 52-week highs; reversal to EMA-50 (₹742) is structurally probable…
Intact bullish EMA stack (20>50>200), RSI at 61.34 with room to extend, and 47.99% 12-month outperformance versus NIFTY's -8.64% decline suggest structural momentum with institutional participation.
Current volume at 33% of 20-day average while price rallies near 52-week high is a classic exhaustion divergence; zero fundamental data (P/E, EPS growth, profitability) means the 48% rally is entirely sentiment-driven and vulnerable to mean reversion.
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Bearish 28 Sep 2026 → now Scores 28 Oct 2026₹799.00 → ₹799.00 0.0%
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