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 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!
Sappgire weekly breakout Triangle Breakout
Hi Traders,
This is Triangle brekaout stock. Breakout will happen next week above 1553.
SL should be below Weekly candle.
Note - Only for education purpose
Check 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.
The chart is self-explanatory.
upside potential > 20%
TREND ANALYSIS + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS
Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
study 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...
There 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...
