kalyanganguly

Control Print - Bullish breakout from range

Long
NSE:CONTROLPR   CONTROL PRINT LTD
Note: This is for educational purpose only.

There seems to be a bullish breakout post 2 months of consolidation. The breakout seems to be supported with high volume.
RSI at 60 indicates bullish momentum. Moreover, the price has reversed from 50 EMA which acts as a dynamic support.

SL: ₹ 342

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.