Fresh Breakout, Mild Resistance β Sapphire Foods in Focus π
SAPPHIRE
π Price Setup
Current Price: βΉ318.10
Stock has broken out of the falling trendline resistance.
π Technical Picture
Price holding above the green rising support trendline.
Immediate hurdle around βΉ344.85 (previous swing high).
Sustained trade above βΉ345 can trigger further bullish momentum.
π¦ Key Levels
Immediate Resistance: βΉ345
Support Zone: βΉ312ββΉ300
Major Support: βΉ240.72
π Takeaway
Structure turning bullish post-breakout.
Mild resistance ahead but price showing positive strength.
Short-term consolidation possible before further upside.
π’ Disclaimer: This is for informational purposes only. Not a buy/sell recommendation. Positions may or may not be held.
π§βπΌ Rajneesh Sharma | SEBI-Registered Research Analyst (INH000020332)
π Investments are subject to market risks. Please read all related documents carefully.