SHIPPING CORP OF INDIA LTD
Long
Updated

SCI - Poised for a 10-15% upmove swing trade

757
The stock is hovering around it's All time high. It looks poised to break it's ATH.

Trend - up.
RSI - Supporting > 60.

Buying pressure observed on each demand.

Entry - 170 - 172.

Target 1 - 188-191.
Target 2 - 199-201
Target 3 - 208-210.

Note
Target 1 and 2 reached 18% ROI Done.
Note
The stock can be looked for a 15 year old Breakout based on the monthly candle close, if it closes strong above 171, then one may enter for mid term target as 300. 50% ROI from here.
Note
25% ROI done. All 3 Targets hit. The stock is strong in Monthly till now, one can trail profits till 234-240 range.
Note
Stock was analyzed right before breakout and shared, hit almost 45-50% ROI from 170 - 250 within 15 trading sessions. Power of Multi year Breakout stocks.

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