Sapphire_foods
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!
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 foods @ breakout rangestudy then invest
the company looks good
Sapphire Foods has non-exclusive rights to operate restaurants under three of Yum’s brands: KFC, Pizza Hut, and Taco Bell in India, Sri Lanka, and Maldives. As of June 2021, the company owned and operated 209 KFC restaurants in India and Maldives, 239 Pizza Hut restaurants in India, Sri Lanka, and the Maldives, and 2 Taco Bell restaurants in Sri Lanka.
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.
