Stock is given a very good break out after 15 years. Good Potential for Long Expected Return 15%...25%...35%...45% Strong Support is around 188-190
-closed above strong resistance -strong support from 50 EMA from lower levels -rise in volume + RSI shows strength in momentum -ADX rising MACD crossover done -multiple confirmation keep on radar it can give good profit
Some Break out Stocks Check Comment Also and you Can Find some Stocks Near Breakout
Shipping CP India is making a huge Breakout in Monthly Timeframe, which is alomst 18 Yrs Breakout. Weekly Timeframe confirms with a follow up candle. Its a Buy on Dips Stock. Buy at proper Demandzone for proper Riskreward. Better buy at retracement.
For long swing this price can reach 340 level. movement may be slow becasue of low value. 160 is support level.
#SCI trading above Resistance of 199 Next Resistance is at 268 Support is at 150 Here is previous chart: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only....
Sci Breakout of 15 year Resistance, we see good upmove Keep on radar, looking good
Multi year breakouts are indication of long-term trend change in a stock. It signifies investors perception change about a stock. Generally it has been seen that after multi-year breakout stock rally more than twice or thrice from the current price. The stock chart of Shipping corporation of India has been shared in this illustration. The stock is giving all...
Shipping corporation of India. 1. Multiyear breakout after 2008 2. Circular base. 3. Do your Research.
SHIPPING CORPORATION OF INDIA (Monthly Chart ) Roaming into the 15 years long resistance zone of 172-175. Sustain above this zone will take it into the free sky Rising container freight charges are positive for the shipping companies. #technicals #StocksToBuy #stocks #StockMarkets #investing #Index #Nifty #nifty50 #observation #Breakout #BreakoutStock
Years of base formation and multiple BO attempts. If it breaks out and sustains, blue sky above is the possibility. --- --- ---
SCI is consolidating near breakout levels. Keep on radar for monthly closing above 176.
SCI is looking good on monthly time frame. Stock is crossing all time high level made in 2007. Keep on radar.
SCI or Shipping Corp of India breaks 164 and ready to touch 190 in few days.
SCI is looking good for multiyear breakout. Keep on radar.
SCI is trading near breakout levels & giving flag pattern breakout also. Keep on radar.
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...
Shipping 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 . . . Disclaimer: This is not buy or sell signal it is just for educational purposes.