CONTROL PRINT - FALLING WEDGE PATTERNControl Print chart seems to break the falling wedge pattern which is considered as bullish pattern.
This chart is only for educational purpose and please do your own analysis before taking any trades.
CONTROLPR trade ideas
Control PrintFundamentally good low PE IT H/w stock is getting ready for a second leg of rally
Safe entry - only above 900 ( day closing basis)
Promotors have increased their stake in the latest quarter
Control Print Ltd Trend AnalysisA micro cap company with good fundamentals.
Technically bearish as price is moving inside a falling wedge.
Key level is around 365.
Forming a nice cup with handle pattern with a technical target of around 900.
Good to accumulate around 350-380 levels or buy after break out of the wedge pattern for the following targets:
Short term swing target @ 550 (50% ROI)
Medium term swing target @ 730 (100% ROI)
Long term positional target @ 890 (143% ROI)
Do your own due diligence before taking any action.
Peace!!
Classic Chart Pattern.Control Print - Breakout of this ascending triangle pattern in a daily time frame with volume confirmation. It's getting good volume recently as well.
Control Print CMP 253Chart is looking better after many years of downtrend. Any dip in this counter is an opportunity to add.
Traget: 300+
Stop loss: 240
Time frame: 1 month.
Long term target is 500+
