Sigachi break out identified on 03-Jan-24.
The break out is Flag & Pole , while company has solid fundamentals
PE - 45
ROCE- 19.6%
ROE - 17.6%
MCAP - 1950 CR
Debt - 72 CR
All factors seem to be falling in place for Indian Economy. And that will likely translate into huge gains for Indian currency, bonds and equities. This update speaks about the signals visible at the beginning of 2024.
Its showing very low power from buyers in demand supply,
Market can make a negative move in this coming week.
Explained everything in detail in the video .
Happy Trading.
Granules is inching towards all time high of 427 and shown a breakout on long term charts by coming out of down trend line. A big Rally is possible in coming year till the levels of 585
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