SAPPHIREAfter long consolidation in last 2 year it has given trendline breakout that too on weekly chart.
1400 is imp level that needs to be supported
SAPPHIRE
SAPPHIRE | Swing Trade📊 DETAILS
Sector: Hotel, Resort & Restaurants
Mkt Cap: 10,441 cr
Sapphire Foods is one of the largest franchisees of Yum! Brands Inc. in the subcontinent, and operates more than 400 KFC, Pizza Hut, and Taco Bell restaurants across India, Sri Lanka, and the Maldives.
TTM PE : 56.09 (Average PE)
Sector PE : 64.94
Beta : 0.39
📚 INSIGHTS
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
8.14% away from 52 week high
Outperformer - Sapphire Foods India up by 12.09% v/s NIFTY 50 down by -1.15% in last 1 month
📈 FINANCIALS
Piotroski Score of 6/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
SAPPHIRE Foods (At support)Sapphire foods looks good for a reversal. Pattern will be invalid if it closes below the trendline/ Zone. Target: 1450-1500-1530-1580-1650
NOTE: I'm not a SEBI REG. Study before investing.
Sapphire foods-Can it break ATH this time?Sapphire foods has been consolidating in a beautiful ascending triangle pattern.
Currently, stock is near suppl zone, hence only risky investors should be interested
If the stock gives monthly closing above 1500 with good volumes, we can see a big move in this stock.
Keep in watchlist!
SAPPHIRE | Positional Trade📊 DETAILS
Sector: Hotel, Resort & Restaurants
Mkt Cap: 9,193 cr
Sapphire Foods is one of the largest franchisees of Yum! Brands Inc. in the subcontinent, and operates more than 400 KFC, Pizza Hut, and Taco Bell restaurants across India, Sri Lanka, and the Maldives.
TTM PE : 44.23 (Average PE)
Sector PE : 73.28
Beta : 0.48
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
7.95% away from 52 week high
Underperformer - Sapphire Foods India up by 2.29% v/s NIFTY 50 up by 4.73% in last 1 month
📈 FINANCIALS
Piotroski Score of 6/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
Weekly view - SAPPHIRE - Jan 15, 2024Check out the intriguing weekly pattern in the "Sapphire Foods" chart! It has been trading within a tight range for almost 8 weeks, accompanied by increased buying activity. If it manages to close above 1500, there's a good chance it could swiftly reach higher Fibonacci levels.
SAPPHIRE - Ichimoku Bullish Breakout Stock Name - Sapphire Foods India Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1465
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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Reverse Head and Shoulder Pattern formed in Sapphire Foods IndiaThere is a "Reverse Head and Shoulders" technical analysis pattern formation in Sapphire Foods India Limited. There is a clear break-out above the neck-line or the resistance line, supported with huge volumes. Potential 45% upside expected in upcoming days.
Disclaimer: This is for educational purposes only and not a recommendation to BUY. Please do your own study before investing. I am NOT SEBI registered.
INTRADAY LONG ON SAPPHIRE [ NSE:SAPPHIRE
This is intraday day .
The stock has consolidated on a hourly time frame
The intraday target is 1200 if it breaks its box
This is educational purpose.
SAPPHIRE ready to move upSAPPHIRE has formed an Inverse Head & Shoulder pattern after a downtrend. Broke the neckline and retested the same. Now it looks like stock is ready to move up again. Intraday traders can keep this stock in watchlist and swing traders can take delivery if it breaks 1340.
