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Rugminik

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

Long
SHIPPING CP INDIA (NSE:SCI)  
Rugminik Updated   
NSE:SCI   SHIPPING CP INDIA
Trend Analysis Support and Resistance Supply and Demand breakoutstocks breakoutsignal stockstobuy swingtrading equitytrading investment shippingcorp SCI
10
0
trendanalysis supportandresistance supplyanddemand breakoutstocks breakoutsignal stockstobuy swingtrading equitytrading investment shippingcorp sci
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.

Comment:
Target 1 and 2 reached 18% ROI Done.
Comment:
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.
Comment:
25% ROI done. All 3 Targets hit. The stock is strong in Monthly till now, one can trail profits till 234-240 range.
Comment:
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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