SCI - Cup and Handle FormedDouble Bullish Pattern. After forming a CUP the handle is formed in an Ascending Triangle which after breaking the 63.70 resistance will reach the PT of 75.
Buy at 64 book profit at 74.
SCI
Shipping Corporation: Bullish Looking ChartThe stock has been in an uptrend for a while now. The red lines in the chart are Action-Reaction Lines. Notice how these lines have acted as support / resistance. Next destination could be the top red line at 87.50-ish.
But, for patient investors, this stock could deliver more is my guess.
Shipping Corporation of India - TRENDING UPIt is been observed that the price action is correcting in Wave 4 and once the price action breaks above 78-80 levels then it shall begin with its WAVE 5 to achieve 110-115 target price levels.
