Another Setup Comes Alive | Sapphire Foods Hits Acceleration Zone

Exactly as envisioned —

respected the structure, followed the plan, and delivered the breakout move with precision. When technicals align with patience, price action does the rest. Company Overview:- One of the largest franchisees of Yum! Brands in India (operates KFC, Pizza Hut, Taco Bell in multiple countries: India, Sri Lanka, Maldives) Competes with Jubilant Foodworks (Domino’s) and Devyani International Chart Setup:- CMP: ₹337.65 (+5.33% on latest candle) Breakout Candle: Strong bullish engulfing from support near ₹320 Target Zone: ₹355–360 (7.57% upside as per measured move) Stop-Loss Zone: ₹309–310 (Previous demand + structure invalidation) Risk-Reward Ratio: ~2.5:1 — very favorable Those Who have followed my Plan Now we are Running in Profits here's the Strategy to follow:- Swing Traders: Play the breakout towards ₹355–360 with SL ₹309 Positional Traders: Can hold for a move above ₹375 with trail SL Price action shows breakout potential with a 7.5% upside in the near term. Fundamentally, Sapphire stands strong in the QSR space with steady growth, but faces competition and margin pressure risks.