SAPPHIRE FOODS BRAKEOUT ON DAILY CHARTNSE:SAPPHIRE
SAPPHIRE gives brake out on daily chart.
I am buying this stock
Near 1675
And follow sl on 1470
My target will be 1990,2200
My risk reward ratio is 1:1.50
Return on capital 15%+
SAPPHIRE
Multi year Breakout in SAPPHIRE foodsSAPPHIRE Food has given zero returns from last 2 years
Currently stock is trading near resistance
Stock has formed Ascending Triangle pattern which is Bullish pattern !!
If stock comes down then it may take support around 1300 levels.
Stock will give huge upside of 70-80% if it sustained above 1625 levels.
Thanks You !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
Sapphire view for tomorrowBuy Above 1286 Sell Below 1255
Stop Loss Below 1270 Stop Loss Above 1270
Target 1: 1300 Target 1: 1240
Target 2: 1310 Target 2: 1236
Target 3: 1318 Target 3: 1230
