#SCI long term opportunity#SCI long term opportunity
Target -148/159+
SL-126
CMP:140 @21 November 2021
timeframe- 2-3 months
SCI trade ideas
#SCI #PRICE ACTION #SHIPPING SECTORTRADE wisely.
WE CAN JUST PREDICT.
Company has a healthy Interest coverage ratio of 29.80.
The Company has been maintaining an effective average operating margins of 23.44% in the last 5 years.
Company’s PEG ratio is 0.12.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
SCINote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
Shipping Corporation India - monthly break outShipping corporation india as per the montly chart pattern is in a break out and above 145 level and target 159 level
SCI, good move expectedR BREAK OUT, RSI, BB SUPPORTIVE, WITH CROSS OVER , good upward movement expected
Buyon weekly time frame it gives trend line breakout and retrace also
Now in daily time frame it gives strong bullinsh candle with good volume
Witch confirms the bullish trend
RSI also above 60
SCI Long position. Strength candle in weak market. Stock had given a breakout recently. But the market conditions changed and today the stock has shown signs of strength.
SCI | Narrow range breakout. Potential to earn 20% plus Day breakout strategy:
CMP: 142
SL: 141.45
Target: 162.85
( Targets calculated on basis of Fib.)
Disclaimer:
I am not a SEBI registered analyst. My studies are for educational purpose only. Please consult your financial advisor before trading or investing.
Happy trading !!!
Shipping Corporation Of IndiaAll My Discussion And Analysis Are For Educational Purpose And Future References. Please Kindly Ask Or Consult Your Financial Adviser Before Taking Any Investment Or Trading. Thanks //
SCIWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
SCI TRADE PLAN: 30 SEP 21 ONWARDSLevels as mentioned on the chart with probable Price Action to follow....
Be Proactive Trader
Better Insight, Better Trade Execution
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. ''I HAVE A RIGHT TO BE WRONG''
"Always Respect Risk"
Happy Trading
Jai Hind
Shipping Corp. of India - 10yr BO retest w/ 7mth Rounding Bottom
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
SCI CMP - 139 TARGET - 210 SL - 110 DCB #trader_rohanSCI
CMP - 139
TARGET - 210
SL - 110 DCB
#SCI #stocks #StockMarket #investing #trading #investments #Breakout #NSE #BSE #Nifty #Sensex #Chart #ChartOfTheWeek #trader_rohan
SCI: STRONG BREAKOUTRANGE BREAKOUT | UPTRENDING CHART
FRESH BUY
Trading in Blue sky zone
Disclaimer
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
Rounding bottom breakout in Shipping CP - Daily and WeeklyLooking at the size of the breakout candle and the volume in it, this is a no brainer. Current levels could a be a good entry point, also if a retest happens, thats also and scaling opportinity.
With the stop loss below the entry today's candle, look for 1:2 reward.
Kindly note that this is not a recommendation.
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
SCI - Strong Stock looking good for an upmoveExport container companies revenues have increased due to hike in prices. SCI has given a breakout from recent high and it can zoom up.
