📈 Cup & Handle Breakout Emerging in Capri Global Capital!

The stock is currently forming a classic Cup & Handle breakout structure around the ₹195–200 resistance zone, supported by multiple signals: 🔹 Technical Outlook Elliott Wave Count → The recent rise looks like the start of a Wave 3 impulse, often the strongest wave in the cycle. MACD Divergence → Bullish momentum is visible with MACD turning upward and showing strength against past lows. AVWAP Analysis → Price is consolidating above AVWAP, confirming strong demand absorption at lower levels. Pattern Formation → The Cup & Handle breakout has the potential to trigger a fresh rally if sustained above ₹200. 🔹 Fundamental Strength Strong ROCE and ROE, reflecting efficient capital allocation. Consistent profit growth with controlled leverage, highlighting balance sheet stability. Expanding business footprint in the financial sector, backed by rising loan book and improving margins. ⚡ Key Takeaway Capri Global is at the edge of a multi-signal breakout. Sustaining above the ₹200 neckline could unlock a significant upside, with strong fundamentals acting as a solid backbone.