CONTROLPR trade ideas
Control Print stock to take Long entryLong Control Print above 640 for the 1st target of 750 with SL 611. A very good setup with risk to reward ratio. After a long time stock is touching the 200 EMA & consolidating at the level. On shorter time frame we can go long. This is for your educational purpose only.
Momentum swimg idea| Control Print LtdControl Print Ltd
ontrol Print Ltd is involved in development, research, manufacturing, and marketing of printing machines, spare parts, consumables (fluids) and associated services. Company’s manufacturing facility for printers and consumables are located at Nalagarh (Himachal pradesh) and Guwahati (Assam) respectively
Fundamental : Strong
Market Cap ₹ 1,598 Cr. Current Price ₹ 999
Stock P/E 27.7
ROCE 23.0 % ROE 19.1 %
Debt to equity 0.02 Promoter holding 52.7 %
Quick ratio 2.77 Current ratio 4.12 Piotroski score 8.00
Profit Var 3Yrs 20.8 % Sales growth 3Years 16.0 %
Return on assets 15.1 %
This stock is in momentum with strong fundamental.
debt free stock with reasonable price also in good business.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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Control Print - Long Setup, Move is ON...#CONTROLPR trading above Resistance of 805
Next Resistance is at 1213
Support is at 465.25
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
breakout late findCUP WITH HANDLE PATTERN BREAKOUT at level of 525 cup and handle bulled Dec 2017 to march 2023. trend line also working as resistance now breakout completed. fibonacci extension perfectly meeting with cup and handle formation logics so keeping 525 supports can achieve 1600+
no recommendation for buy and sell
CONTROLPR – ready for new high??NSE:CONTROLPR BSE:CONTROLPR
Time Frame – Weekly
Technical Observations –
1) Weekly Closed above 430 level & supply zone
2) Strong support near Weekly 200 SMA
3) Sustain above fibbo 0.618 level
Resistance – 515 / 553 / 620
Support – 320-295 zone
DISCLAIMER : NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
CONTROLPRCONTROLPR:- Rounding bottom pattern is formed, wait for breakout, till then keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
CONTROL PRINTA high quality midcap stock with consistent growth and delivery volumes are high. Making rounding bottom and near resistance it has made a bullish inverted HNS pattern. Keep in watchlist. Near verge of breakout. Promoter holding remain unchanged. DII and FII HOLDING are quite satisfactory.
Keep in watchlist.