SIGACHI INDUSTRIES - 2 Years consolidation / IPO Base Breakout
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
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