Safari Industries is in the verge of a breakout from a Pennant pattern.
Keep the stock in watchlist to take a long position when price breaks out with a good volume.
On the weekly chart you will find a cup and handle pattern being formed supporting a bullish move.
buy If possible @ 650-600 range or wait for BO 🤝🤝
trgt 800-900🖍🖍(note that the trgt is not based on support resistance)
sl will update if it fall
⏳study then invest
key factors for this buy
✔ technically looks good
✔ super q3 result &
✔ gradually increasing yoy profit ❤❤
📊so expecting any time BO.
check day frame chart also
🧩but dont know why...