Stock Near To 15 Years BreakoutShipping Corporation Of India(SCI) near to 15 years breakout. stock continuously takes resistance to trendline and now very close to breakout. closely watch these stock. NSE:SCI
SCI trade ideas
SCI Strong bullish moveNSE:SCI has showed yup a great breakout followed by great retracement and now getting up with volumes go ahead and create positions.
stoploss for the trade will be swing low.
SHIPPING CP INDIA - LONG MOVE IS ON!!! - 65% ROI!!!BUY - SHIPPING CP INDIA
CMP - Rs. 103
Target - 1: Rs. 124
Target - 2: Rs. 145
Target - 3: Rs. 170
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Technicals - Bullish Symmetrical Triangle with Supply-Demand zones highlighted.
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Why Should You Invest in This Stock?
a) Low P.E. ratio of 6
b) Company has delivered good profit growth of 24.5% CAGR over the last 5 years
c) Company's working capital requirements have been reduced from 50.0 days to 17.0 days
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This is just a view by an expert analyst, please invest at your own risk.
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Ascending TriangleThis stock has been displaying an ascending triangle pattern with more demand.
The volumes in buy candles are more indicating accumulation.
Slow moving stock , perhaps good for long term.
Inv H&S indicates a target close to 124 levels beyond which we may be able to see a breakout.
May take couple of weeks.
Swing trade opportunity in SCISwing trade opportunity in SCI
Entry - 122.8
Target - 147
DISCLAIMER: I am not SEBI registered and the ideas posted are only for educational purpose. Always trade with proper STOPLOSS.
Shipping Corp - Swing Trade || 27th March, 2023 #stocks Analysis Criteria Used:
1. Please find the Chart Analysis done for the 27th March, 2023 and the upcoming week.
2. The analysis for the Swing Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or overanalyse
5. Treat this as your Business and get serious about it
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DISCLAIMER:
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* Please do your own research and/or contact your financial advisor before taking any trading opportunities
** We will not be responsible for your profit or loss
*** We are NOT SEBI REGISTERED
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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.
Inverse Head and shoulder pattern || Shipping corporationBuy at CMP of 140 for a target of 170. SL will be 125. A 1:2 risk reward ratio.
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
I hope you all like my analysis.
Please do share your thoughts into comment section.
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Close to a breakout opportunity I feel this script is very close to a breakout zone, and could be a good trade if the scripts closes above 129.70.
Keep in your watchlist and don’t miss this opportunity. Do your analysis and let me know your thoughts as well
Learn and earn..
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!
Shipping Corporation of IndiaDaily Chart in a tight consolidation zone! Either side breakout will result in a sharp move.. Lets see where it decides to go.
buy SCI *for educational purpose only.
forming an ascending triangle and given a breakout.
moving average is supporting the price .nicely moving on trendline.
SCI - Breakout and GAP filling PossibilitySCI :
Breakout Done currently
Need to sustain 135, then might fill up GAP
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.
Shipping corp Shipping corp india. Acculamtion phase seem over in this chart, Breakout retesting. CMP: 116 sl: 95(wcb) target: 160/190/220
Note: educational post
#SCI next Harmonic#SCI next Harmonic
Target -135/143/156+
SL-114
CMP:122 @ 16 Feb 2022
Timeframe- 2-3 months
Shared only for educational purposes
