CUP n Handle Sangam IndiaBullish View
Invest and Hold
Risk is yours and Reward is too yours.
Target OPEN
SL : 255
SANGAMIND trade ideas
SANGAM LTD:Likely C&S Break OutSANGAM LTD: Shows possibility of a Cup& saucer breakout.After a brief consolidation ifholds above 380 likely to test 400-425 band(For educational purpose only)
Cup pattern breakout with good volumesThe stock recently experienced a breakout from a cup pattern, and this breakout was accompanied by notable trading volumes. This is often considered a positive signal, indicating potential strength and the beginning of an upward trend.
SANGAM INDIA - VCP #STOCKS42024Sangam (India) Limited is engaged in the business of manufacturing and selling of Synthetic Blended, Cotton & Texturised yarn, Fabrics, Denim Fabrics and readymade seamless garment.
The Co operates various brands such as Sangam Yarns, Sangam Suitings (flagship brand), Sangam Denims and C9 Airwear.
C9 Airwear is available across 1000 multi brand outlets in India and all major digital retail portals such as Myntra, Amazon, Nykaa, Flipkart etc
The Co has presence in 58+ Countries.
The Co’s client base includes Banswara Syntex, Siyaram, BSL, Vimal, RSWM Limited, Arvind Limited, Trident Limited, Marks & Spencer, Reliance Trends, Zivame, Myntra, Lifestyle International, Benetton and Westside, among others.
In FY22, the Co spent Rs 1,063 Cr in Capital Expenditure.
During FY22, the Company approved a brownfield expansion in the cotton yarn business worth Rs 137 Crore. The Co has a pan-India network of 10,000 retailers.
Sangam (India) LtdSANGAMIND - Short term trade
Strong Momentum
Buy above 370 | Tgt 380, 390 | sl 362
Its my view and trade on your own analysis
Sangam India: Falling trendline breakoutSangam India is looking good for long. Recently stock has given breakout of falling trendline. Keep on radar for closing above 300.
SAME SANGAMIND FORMED ROUNDING BOTTOM ON MONTHLYSingamind formed rounding bottom on monthly wait for breakout .After breakout confirmation then enter.
>EDUCATION PURPOSE ONLY
Sangam India: Consolidating since lat few daysSangam India is looking good for long. Stock is consolidating and forming multiple inside bar. Keep on radar for long above 286.
Long SANGAMINDNSE:SANGAMIND
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
SANGAMINDSangamind
Multiyear Breakout stock
Struggling to make new tops in this market.
Keep on radar this stock can perform very well.
Accumulation Zone 325-330.
Stop Loss - 300
Add to your watch list.
- Gaurav
@vivek_mashrani
@investment_
@forextidings @investing @TheBreakOut @ExtremeVolume @vijaythakkar009 @RAKESHBANSAL @Vivek-
SANGAMIND
CMP: 383
Inverse Head & Shoulder pattern breakout with volume.
One from the textile sector!
SANGAM INDIA !!Sangam India ....I am seeing this kind of perfect cup after a long!! what a beautiful pattern of C&h.
Sangam India, a producer of polyester viscose (PV) dyed yarn and seamless apparel, has signed a Memorandum of Understanding (MoU) with Rajasthan government to invest ₹1,521 crore in its newly formed wholly-owned subsidiary Sangam Venture.
Expecting Breakout ✌✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
SANGAM INDIAA Muli year cup and handle breakout!! And that too with retest on the resistance. This should be a great great breakout!
SANGAMIND : BUY SETUPSANGAMIND : BUY SETUP: Breakout with good volume, good fundamental, but having low liquidity.
Chart Analysis of SangamInd (2 Jan 2021)All time high breakout Done on Weekly/Monthly Basis
Target : 600
SL : 320 WCB
Only for educational purpose. Not a recommendation.
#SANGAMIND #PRICE ACTIONPromoter holding has increased by 2.30% over last quarter.
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 45.20%
The company has a good cash flow management; CFO/PAT stands at 6.12.
The company has a high promoter holding of 61.45%.
TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
SangamIndia Cup-BreakoutA nice 4-5 year cup breakout can be seen in Sangamindia whose Neckline is around 326. May Buy 4% above the neckline and 2-3% below the neckline would be SL. Targets may be 30% for T1 and T2 will be another 30%.
Sangam Industry multiyear breakout possibleSangam Industry looking to breakout of multiyear resistance. With textile industries in focus this can be a good prospect after breakout. Levels to watch is 325
sangam india smooth road aheadsangam has given a good weekly closure, high chances for a easy 20-30%
Sangam looks good#sangamind
Sangam industry will be benificiery of increased cotton yarn prices and government PLI scheme.
After break out will be good to add.
Sangam India - bullish long term for investment- stock just crossed the strong resistance line and made impulse 5 wave above and closed
- wait for the correction ABC to happen which should retest the support
- entry can be made after correction happens and after price closes above the red line
SANGAMIND CUP AND HANDLE BREAKOUT cup and handle breakout on sangamind retest also complete. after minor trend resistance breakout then entre, target was cup height.
> EDUCATION PURPOSE ONLY
