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SHRIHARII

SIGACHI INDUSTRIES - 2 Years consolidation / IPO Base Breakout

Long
SIGACHI INDUSTRIES LTD (NSE:SIGACHI)  
SHRIHARII  
NSE:SIGACHI   SIGACHI INDUSTRIES LTD
Trend Analysis Chart Patterns Beyond Technical Analysis cuppattern breakout consolidation bullishmomentum IPO trendanalyisis uptrend buy
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trendanalysis chartpattern beyondta cuppattern breakout consolidation bullishmomentum ipo trendanalyisis uptrend buy
SIGACHI

1) Time Frame - Monthly.
2) The Stock has been in a consolidation / Downtrend since its listing (November, 2021) and has given an IPO base / Previous Life Time High breakout & Closed with strong bullish momentum & Good volume in monthly time frame.
3) Since it is a cup pattern breakout, The stock may reach the target (182) as per the cup pattern breakout target in the Long Term.
4) Recommendation - Strong Buy
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