Stock in the Demand Zone: Shipping Corporation of India

SCI has been in a downtrend since the second week of July 2024.
It has fallen significantly from the peak value of 345 to 258 levels.
In the last few sessions, it has significantly increased along with decent volume buildup and broke the previous resistance of 260 levels.
Resistance levels: 291, 328.
Support levels: 265, 240, 217 levels.

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