☕ Cup & Handle Base Forming in Sammaan Capital

The stock is developing a classic Cup & Handle pattern, a bullish base formation that often precedes a strong breakout if confirmed with volume. 🔹 Elliott Wave Structure – The corrective decline seems to have completed, and the stock is gradually building momentum for the next impulsive leg upward. 🔹 MACD Divergence – On weekly charts, MACD shows early signs of a bullish divergence, supporting accumulation in the current consolidation phase. 🔹 AVWAP Support – Anchored VWAP from the recent bottom near ₹95 is acting as a strong support zone, keeping price action aligned with bullish intent. 🔹 Fundamental Snapshot – NBFC business model with a focus on growth capital Improving earnings trend after a weak phase Operating leverage expansion as lending book scales 📈 Technical Setup: Breakout confirmation above ₹145–150 can open upside potential towards ₹180+ Immediate support: ₹125, major support: ₹100 👉 A breakout with volume from the current Cup & Handle base could set the tone for a strong uptrend in the coming weeks.