Get started

Shippingcpindia

Elliott Waves: SCI Ltd Bullish Structure intactHello Friends, Welcome to RK_Chaarts, Today we’re looking at the Shipping Corporation of India Ltd chart from an Elliott Wave perspective. The structure looks very clear. Cycle degree Wave III ended at the July 2024 high, and Cycle degree Wave IV ended at the March 2025 bottom. After that, we started unfolding Cycle degree Wave V, which should have five subdivisions of Primary degree. Out of those five, Wave ((1)) topped in June 2025. Then Wave ((2)) came as an expanded flat and bottomed in January 2026. So Wave ((2)) is done, and now Wave ((3)) is running. Going one degree lower, inside this Primary Wave ((3)) we’ll also get five subdivisions of Intermediate degree. Here, Wave (1) and (2) are complete, and Wave (3) has already started, it even gave a trendline breakout. If our counts are correct, this is a very bullish scenario and it could continue higher with strength. Nearest Invalidation level for these wave counts is low of wave (2) Intermediate degree (Blue) which is 217.50. Note: This post is purely from an Elliott Wave structure point of view. Many possibilities exist, and right now we’re focusing on one potential scenario that looks very clear to us. But this is the market - if any swing low breaks or something changes, we have to accept it and the wave counts can change. For now, this is what we see from an Elliott Wave perspective. Let’s see how the market unfolds from here. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:SCILong
by RK_Chaarts
2
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
NSE:SCILong
by gauravrakhecha
SCI(Shipping Corporation of India) Analysis!NSE:SCI – Double Bottom Pattern Forming a Bullish Reversal? 📊 Chart Pattern: A Double Bottom pattern has been identified on the daily chart of Shipping Corporation of India (SCI), indicating a potential trend reversal from the recent downtrend. 🔍 Key Observations: Falling Bottom & Rising Bottom: The first bottom formed at a lower level, followed by a second bottom at a slightly higher level, aligning with bullish RSI divergence (indicating possible strength in the price action). Neckline Breakout Level: The neckline of the pattern is around ₹169-172, which serves as the critical resistance level. A breakout above this level could confirm a bullish move. Projected Target: The pattern height projection suggests a potential target of ₹193.65 upon a successful breakout. EMA Resistance Levels: The price is currently below the 50 EMA (₹198.76), 100 EMA (₹212.83), and 200 EMA (₹218.62). A breakout above these levels would further strengthen the bullish outlook. RSI Recovery: The Relative Strength Index (RSI) is recovering from oversold levels, currently at 42.38, suggesting that bullish momentum is slowly building. 📈 Trading Plan: A confirmed breakout above ₹169-172 with strong volume could indicate a further bullish rally toward the ₹193-195 zone. Stop-loss: Below the second bottom level to manage risk. Watch EMA Levels: The stock needs to sustain above key moving averages to continue upward momentum. Disclaimer: Consider my analysis for educational purposes only. Before entering any trade: 1️⃣ Educate Yourself – Understand market dynamics and technical patterns. 2️⃣ Do Your Own Research & Analysis – Never rely solely on external opinions. 3️⃣ Define Your Risk-Reward Ratio – Ensure your trade aligns with your risk appetite. 4️⃣ Never Trade with Full Capital – Always manage risk and preserve capital. Trade wisely! ✅📊
NSE:SCILong
by Avinash9087
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.
NSE:SCILong
by rush12799
SCILAL For Swing TradingThis chart is a daily candlestick chart for Shipping Corporation of India Ltd. (NSE: SCI). Here's an analysis of the stock movement Best Swing Trading Price Levels: Current Price: The current price is around INR 82.19. Support Levels: There are support levels around INR 77.85 and INR 55.25. Resistance Level: The chart shows a resistance level that has been breached recently. This is my personal opinion and is only for educational purposes. Please consult your financial advisor before making any decision.
NSE:SCILALLong
by kingofstockmarkets
SHIPPING CP INDIA Target:- 147 Stoploss:- 109 Duration:- 4 to 6 Weeks The stock has already breakout through the resistance line and showing a green candle and which is proper indication of upside move, so we can buy this at market order. Use proper stoploss and maintain discipline throughout the trading period and use trailing stop below all the wave, the profit target was measured by the taking distance between support and resistance when pattern developed and paste it out breakout level, which is the resistance line.
NSE:SCILong
by marketaffairs