SCI trade ideas
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.
SCI Good Risk Reward opportunity One Can buy at CMP at Rs1112 with Stop loss at Rs110 Target 126,134,140,155
Shipping Corporation Of India Limitedtriangle breakout pattern in Shipping Corporation Of India Limited
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.
SCI TL breakout - Swing tradeSCI has broken out of TL. Has scope of 15% approx upside till supply zone near upper TL. SL below the swing low on daily chart.
Flag Pattern BreakoutThe bullish or Bearish flag pattern works in a very good way. Here in the chart of SCI daily timeframe, the pattern has given a breakout and can go for the target of 120.
This is only an analysis of mine, this is not a recommendation to anyone. Do your own research before entering in any stock.
On the verge of breakout ✌✌✌This scrip is expected to give trendline breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all 🙏🙏🙏
SCIIt's for pattern lovers. Volatility contraction can be seen on the chat by forming Flag and pole pattern.
buysci buy till 95 100 sl 80 big target awauted bullish engulfing seen on 50 percemr retracement and breakout point
Shipping corporation of indiaSymmetrical triangle pattern has been formed in SCI
Can give superb breakout within few session
Butterfly pattern visible for Shipping Corporation of IndiaButterfly pattern visible for Shipping Corporation of India
Most probably it will break out above as it is also forming bullish pennant structure.
once price trades above 125 its a good buy and target of 145 should be achievable in coming days.
Note: This analysis is for educational purpose only.
Shipping Cp IndiaSymetrical triangle formation in Shipping Cp India
Target according to Fibonacci
Sl below trend line
Watch for Pennant Breakout | SHIPPING CP INDIA
Looks good to enter above 113.65 for target of 134.5
Pennants are continuation patterns where a period of consolidation is followed by a breakout
Expecting Symmetrical Triangle BreakoutThis Symmetrical Triangle is expected to give a breakout as it has formed a beautiful pattern.
long position SCIearlier I had posted for swing position.now in the weekly timeframe it has formed double bottom and seems bullish.under consolidation.seems a decent stock for long term
Expecting Breakout ✌✌✌This scrip is expected to give breakout as it has formed a beautiful pattern. So traders keep on your radar to catch the momentum. Thanks to all 🙏
