SHIPIING CONTAINERS INDIA - SCI - Breakout from DTFShipping Containers India has resistance weakening on the Daily charts and has given a breakout with good volume.
The target of this pattern signals an upside potential of 15% from the current price level in the medium term.
The stock is trading above its 50- and 100-day exponential moving averages (EMAs). The range is more than 2X, and the Volume is also 3.5X the average.
There is an old support level acting as resistance, which is why the stock won't go over 191. To be safe, wait for the closing price. If it is above 191, it's good.
CMP- Rs. 188
Target Price- Rs216 ( 15% upside)
SL - 171
Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
SCI
Shipping Corporation of India - Value Buying and Bullish trendShipping Corporation of India had retraced almost 61.8 % from highs near the lows, after a period of accumulation where there were continous responsive buyers at lows. The price started moving up.
Volumes : Volumes can be confirmed with the circles plotted on chart.
Retest : The retest of price happened highlighted by the rectangle.
Initiative Buyer : we can see big volumes coming after the retest happened and price started moving above POC - Point of control of current range. This suggest a strong support zone below even if the price retraces a bit eventual trend is up.
From the previous point of controls and value area highs we can set targets for upcoming upmoves :
Targets :
1)210
2)235
3)290
4)350
There should be strong support around Point of control and value area low of current range, in case of SL hunting of weak hands.
Still shows a relatively low risk opportunity with potential for high reward.
PS : Post is educational in nature and doesn't constitute any financial or buy sell advice. Do your own research. The publication is made with the intention to explain the concepts of RSI Hybrid Profile.
Indicator
SCI Trading Within Tested Demand ZoneSCI is trading at ₹204.45, within its tested demand zone of ₹208.45 to ₹202.05, established on 30th October 2024. As the zone has been tested, it suggests prior buying interest in this range. Investors may look for potential bullish signals or confirm further price stability before acting.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment or trading decisions.
Long SCI swing TradeA Good setup has been seen on the daily chart of SCI. Long SCI above 274 for the target of 350+ with SL of 242. A very high probability that the stock will bounce back from the 200 EMA & the marked resistance area. Good risk to reward trade. hence keep the stock at your watchlist. This is for your educational purpose only.
Just A View - At Support - SCI📊 Script: SCI
📊 Sector: Shipping
📊 Industry: Shipping
Key highlights: 💡⚡
📈 Script is trading at support level which is near 280 which was previously working as resistance, we may see some good rally from here.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 285
🟢 Target 🎯🏆 - 300/330
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
SCI big move aheadHey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Forming Ascending Triangle Pattern in daily TF.
* From Feb 2024 to July 2024 Tested Resistance Many times.
* It's Already Break resistance Zone and trying to Sustain Above Resistance Zone.
* Volume Accumulation (Volume is Rising).
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Shipping Corporation Of India Ltd - Breakout Setup, Move is ON..#SCI trading above Resistance of 268
Next Resistance is at 418
Support is at 171
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Shipping Corporation Of India Ltd - Long Setup, Move is ON...#SCI trading above Resistance of 199
Next Resistance is at 268
Support is at 150
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Double Bottom Breakout - Keep An Eye - SCI📊 Script: SCI
📊 Sector: Shipping
📊 Industry: Shipping
Key highlights: 💡⚡
📈 Script is going to give breakout of Double Bottom on daily chart keep an eye on stock, breakout is above 235.
📈 Script is trading at upper band of BB.
📈 MACD is giving crossover .
📈 Already Crossover in Double Moving Averages.
📈 Right now RSI is around 61.
📈 One can go for Swing Trade.
BUY ONLY ABOVE 235
⏱️ C.M.P 📑💰- 232
🟢 Target 🎯🏆 - 254
⚠️ Stoploss ☠️🚫 - 223
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
SCI - Bullish Momentum BreakoutNSE: SCI is closing with a bullish momentum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Shipping Corp of India SCI - Short term 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 pattern...one 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.
SCI - Ichimoku Bullish Breakout Stock Name - Shipping Corporation Of India Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 106
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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SCI - LONGNSE:SCI
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
YR 2022 Idea #22: Long on SCI This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
SCI - WEEKKLY CHARTSHIPPING CORPORATION cmp 140
stock is ready to give nice breakout in coming weeks.
one can enter with 25-30 % allocation of desired budget for this script.
Range is between 124 to 145
once stock start to sustain above 145 we may have more confirmation to add more qty
purely positional trade idea
Trend-line breakout is confirmed. Buy signal is awaited.Shipping Corporation of India has broken-out from trend-line and facing some resistance around 118.
A daily close above 118 or crossing 119 would trigger the buying to make this stock touch its recent high zone.
Therefore, buy when the above condition is fulfilled for the target of 132 - 134
Stoploss after taking the trade would be below the recent low which is 110
PS: One can exit some position around the given target and carry remaining position if there is not enough selling volume around 133