Shipping Corporation SCI struggling with high resistanceSCI TA done
support and resistance mark for learners
try to draw support and resistance level on chart and then trade.
SUPPORT and Resistance learning series by MCPRICEACTION
SCI trade ideas
Triangle Pattern - Wait for a BreakoutThe triangle formation is clear, breakout with good momentum at either side can give a good opportunity to enter into a trade. Breakout at the upper trendline is highly likely but anyway wait for the conformation before entering.
SCI is making Cup with handleSCI is making Cup with handle
Closing above 117 will confirm the breakout
Buy between 117.90 to 119.20
Disclaimer: I am not a SEBI registered or authorized analyst.
The charts/levels/stocks posted will be only for educational purpose and not a buy/sell recommendation.
I will not be responsible for your any losses & profit. No any kind of legal actions will be entertained for the same.
Shipping Corporation of India120 being Monthly and also major Fib level Resistance. Make or Break
One must patiently wait for the candle to break and settle beyond 120 lvl with good volume to enter the action.
Earnings are on 27th of May and surprisingly there is a spike in volumes which indicates strong accumulations before earnings.
P.S This Chart is for educational purpose only.
Shipping Corporation of India Weekly breakout and retestSCI is retesting the weekly breakout with a descending triangle on daily !!
With Baltic Dry Index at 10 Year high, expect this one to make a swift move upto 118-120 in coming week !
Shipping Corp-Bearish ButterflySCI forming Bearish Butterfly Harmonic Pattern and can fall to 200 EMA.
Shipping corporation of India (SCI ) Chart AnalysisSupport and Resistance
Double bottom breakout
Buy above 134
Target 164
SL 114
Target 1 (40%) achieved. Target 2 is ON...This is follow-up on Shipping Corporation of India. Can check link to related ideas.
Target 1 achieved. More than 40%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
Shipping Corp.Of India (SCI): Trending up with spike in volumesShipping Corp.Of India (SCI): Trending up with the spike in volumes consistently. Buyer interest noticed. Levels are plotted on the chart. Happy trading folks!
“Never, ever argue with your trading system” - Michael Covel
Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor
SCI DivestmentSCI Divestment View for Education purpose.. take position with SL as per your risk profile. Price to Book Ratio is 0.64 approx and govt plans to sell stake for budget income hence good upside ahead. Also, price run so far is genuine since FII are not in SCI and Govt holds majority stakes and Market float is less. Forming Double Bottom and trading level 99-100 is retested after many years good days ahead.. Horizon 3-6 months or more
Shipping corporation of India pole flag pattern ready BreakoutNSE:SCI
Disclaimer: The view is for study purpose only, I am not a SEBI register person please contact your financial advisor before investing.
Shipping Corp near confluenceDescending triangle, demand zone and a multiple gaps
the dried up volumes tells a story
SCISCI: -BUY ON DIP 60/63 LEVEL FOR TARGET 100/109 SL 59 DCB
#Disclaimer:-I just shared view for only educational purpose.
