Graphite India is trading within a symmetrical triangle pattern on the weekly timeframe, indicating consolidation before a potential directional move. Price is approaching the upper trendline, suggesting a possible breakout attempt.

A decisive weekly close above the triangle resistance may trigger fresh upward momentum. However, a short-term pullback or retest after breakout is possible before continuation of the trend.

Resistance: ₹720–₹780

Support (to be considered after breakout): ₹620–₹640
Major Support: ₹480–₹500

Outlook:
Structure remains neutral to positive within consolidation. Breakout confirmation above resistance will be key for next trend direction. Investors are advised to monitor price action and act as per risk profile and market conditions.