SCI - Ready to touch 190 in few daysSCI or Shipping Corp of India breaks 164 and ready to touch 190 in few days.
SCI trade ideas
SCI: Keep on radar for closing above 171SCI is trading near breakout levels & giving flag pattern breakout also. Keep on radar.
SCI Bullish; above 165 on Monday 11 Dec. The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders book profits at this stage
Stop Loss: @ "Open" price of the day OR "Breakoutprice"
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
Shipping Corporation ReversalShipping Corporation ltd Will Touch 160 Levels In the Upcoming Days From the Current market price We can see a Reversal
NSE:SCI
we can see a strong momentum in upcoming days
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Disclaimer: This is not buy or sell signal it is just for educational purposes.
Shipping Corp - need to remain cautious and vigilantSCI is a cheap psu stock trading at 8x p/e and has not participated in the latest psu run. That said, it has failed to close above the 162 levels (0.5 fibonacci) for the 3rd time on daily charts. In the previous 2 instances the next move was a decent sell off. New longs only on 2 days closing above 162 levels.
SCI: Keep on radar for multiyear BOSCI is looking good on longer time frame. Stock is getting ready for life time high breakout after consolidation of around 15-16 years. Keep on radar. PSU flavour is also there.
Shipping Corporation of India: Trading near Multiyear BOSCI is trading near 16 year breakout zone. Keep on radar. PSU entities are outperforming major index. Keep on radar for breakout.
SCI - Multiyear BO approachingSCI - Multiyear BO approaching. Could be a good bet for next 6 months.
This is not a buy sell reccomdation. This is for my learning and recording purpose.
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SCI: Trading near 16 year range breakoutShipping Corporation of India is looking good on monthly time frame. Seems stock is getting ready for ATH breakout. Stock is consolidating since last 16 years. Keep on radar. SCI can give good returns if break & sustain the breakout level.
Symmetrical Triangle Pattern📌Symmetrical Triangle Pattern
✅Keep on Radar
SCI
+ Continuation Pattern BO
+ Validated with Volume
+ Trading above Key EMAs
SCIAfter multiple attempts to move out with a mini-shakeout as well, the counter looks to be making a re-attempt to push out. Pilot position here with a view to size up as this moves higher on confirmation. Volumes are encouraging for the day so far
SHIPPING CORPORATION OF INDIA-Semms will sail smmothlySCI-CUp&Saucer pattern suggests would smoothly into 160+ teritory
SCI --- 40%-50% gains can be expected in coming monthsNSE:SCI
has given breakout above 108 on weekly time frame
can give 40-50% gains from here
cmp is 108.50
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct their own research and analysis to determine whether my point of view aligns with yours.
Shipping Corporation of India Ltd: Trading near ATH BreakoutSCI is looking good on chart. Stock is trading near all time high breakout zone. Keep on radar.
SCI looking for BreakoutShipping corporation of india formed good pattern safe can wait for BO with SL of 98 risky can take now for lamba targets
Breakout stock--Breakout with good volume
--Buy at Cpm
--first Target 145+
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do your own analysis and consult your financial adviser if need be
One more Undervalued PSU ready to shoot upAs per mgmt SCI Land Asset should be listed within 15 days and Disinvestment will definitely be made by Year end, can expect a BEML like movement in this stock too
Strong weekly Breakout📌Strong weekly Breakout
✅Heading towards ATH
#SCI
- Symmetrical Triangle Pattern Breakout
- Validated with Volume
- Above Key EMAs
- Bullish RSI
Shipping Corporation of India LtdSCI - Short-term trade
Buy above 107 | Tgt 117 | sl 102
It is my view, trade at your own analysis
