SCI - MONTHLY BREAKOUT AFTER 15 YEARSStock 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
Trade ideas
SCI closed above strong resistance keep in radar-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 Some Break out Stocks Check Comment Also and you Can Find some Stocks Near Breakout
Shipping CP IndiaShipping 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.
SCIFor long swing this price can reach 340 level. movement may be slow becasue of low value. 160 is support level.
15 Year Breakout Stock !!Sci Breakout of 15 year Resistance, we see good upmove
Keep on radar, looking good
Shipping Corporation of India - Multi Year Breakout 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 time high breakout of around 170 after almost 15-years on daily, weekly and monthly time frame. The daily chart breakout has been confirmed but weekly and monthly chart breakout will come today and by end of this month respectively.
Disclaimer: The stock shared is only for educational purpose and does not involved any buying or selling recommendations.
SCI, CMP 174Shipping corporation of India.
1. Multiyear breakout after 2008
2. Circular base.
3. Do your Research.
SHIPPING CORPORATION OF INDIASHIPPING 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
Will it BO this time !Years of base formation and multiple BO attempts.
If it breaks out and sustains, blue sky above is the possibility.
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SCI: Keep on radar for monthly closing above 176SCI is consolidating near breakout levels. Keep on radar for monthly closing above 176.
SCI: Crossing high made in 2007SCI is looking good on monthly time frame. Stock is crossing all time high level made in 2007. Keep on radar.
SCI - Ready to touch 190 in few daysSCI or Shipping Corp of India breaks 164 and ready to touch 190 in few days.
SCI: Keep on radar for closing above 171SCI is trading near breakout levels & giving flag pattern breakout also. Keep on radar.
SCI Bullish; above 165 on Monday 11 Dec. 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 Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders book profits at this stage
Stop Loss: @ "Open" price of the day OR "Breakoutprice"
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
Shipping Corporation ReversalShipping 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
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Disclaimer: This is not buy or sell signal it is just for educational purposes.
Shipping Corp - need to remain cautious and vigilantSCI is a cheap psu stock trading at 8x p/e and has not participated in the latest psu run. That said, it has failed to close above the 162 levels (0.5 fibonacci) for the 3rd time on daily charts. In the previous 2 instances the next move was a decent sell off. New longs only on 2 days closing above 162 levels.
SCI: Keep on radar for multiyear BOSCI is looking good on longer time frame. Stock is getting ready for life time high breakout after consolidation of around 15-16 years. Keep on radar. PSU flavour is also there.
Shipping Corporation of India: Trading near Multiyear BOSCI is trading near 16 year breakout zone. Keep on radar. PSU entities are outperforming major index. Keep on radar for breakout.
SCI - Multiyear BO approachingSCI - Multiyear BO approaching. Could be a good bet for next 6 months.
This is not a buy sell reccomdation. This is for my learning and recording purpose.
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SCI: Trading near 16 year range breakoutShipping Corporation of India is looking good on monthly time frame. Seems stock is getting ready for ATH breakout. Stock is consolidating since last 16 years. Keep on radar. SCI can give good returns if break & sustain the breakout level.
