A 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.
entry possible above breakout range. 🔹technically strong chart. 🔹Company is almost debt free. 🔹Company has been maintaining a healthy dividend payout of 43.86% about the compnay Control Print Ltd is involved in development, research, manufacturing, and marketing of printing machines, spare parts, consumables (fluids) and associated services. Company’s...
CUP AND HANDLE PATTERN FORMATION TGT - 460 & 550+ 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be...
The stock has to sustain above 400 and the level of multi year is clearly marked in the chart. Disc: Not a reco but just observation
CONTROLPR CMP 405 VOLUME RISING STOCK CONSOLIDATE & GIVEN BREAK-OUT IN PROCESS OF ROUNDING BOTTOM FORMATION STOCK CAN TEST 465-550-660-720-800 WITH SUPPORT 350 CLOSING BASIS
( For Educational Purpose Only)
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
Details are mentioned in chart
# BOXBO #GapUp Maintained #NoOverlap maintained #NimblrTA
A Breakout & Retest Below an Ascending Channel, Expecting a fall till next support
Levels Are Mention on Chart. 50% isn’t really a Fibonacci retracement level, but is based on other technical analysis theories that state a pullback will often retrace about half of the prior advance . Since this does seem to hold true, 50% is often included when discussing Fibonacci retracement levels.