Shipping Corp of India SCI - Short term

amjai85 Updated   
one can look for short term positional trade in SCI, the candle stick pattern look like mother & baby candles, where all the smaller red/green candles are within the Mother (green big candle) with very narrow range movement, the volumes of Mother candle are exceptional & that of the baby candle are very low, making it an ideal can enter on BO above mother candles high or at CMP with a SL of Mother Green candle low. Disc : Invested for medium term from lower level, not a reco for Buy or sell but for study purpose. DYOR.
118.90 to 128.85, the script moved well, formed an evening star candle pattern on daily chart, at short term resistance. trying to break out from the mother candle.


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