NandanChaturvediTrade

Rounding bottom breakout in Shipping CP - Daily and Weekly

Long
NSE:SCI   SHIPPING CP INDIA
Looking at the size of the breakout candle and the volume in it, this is a no brainer. Current levels could a be a good entry point, also if a retest happens, thats also and scaling opportinity.

With the stop loss below the entry today's candle, look for 1:2 reward.

Kindly note that this is not a recommendation.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.