SHIPPING CORPORATION OF I
SCI
NDIA
CMP: 208.80; RSI:48.50
As per wave analysis, ABC correction cycle is at its last stage and fomed a bottom. Its good time to accumulate the script, between Rs: 200 to 225 zone; stop loss: 187
Upside breakout will be confirmed once script closes above 238.5
Near Term Target 1: 280; (2 months time frame)
Medium Term Traget 2 : 330-351 (4 months time frame)
CMP: 208.80; RSI:48.50
As per wave analysis, ABC correction cycle is at its last stage and fomed a bottom. Its good time to accumulate the script, between Rs: 200 to 225 zone; stop loss: 187
Upside breakout will be confirmed once script closes above 238.5
Near Term Target 1: 280; (2 months time frame)
Medium Term Traget 2 : 330-351 (4 months time frame)
Zlecenie aktywne:
Accumulate the script at every dip, soon the script will be out of time correction box & will march northwards. Those who wanted to take new position should buy in a range of 425-435, with a stop loss of 410.
Zlecenie aktywne:
Stock is near to its completion of sideways consolidation, soon it will be out of consolidation box, and should be ready for the breakout. This is a suitable time for the new investor to make a position in the script, while existing investor can hold the position with strict stoploss of 187. New Investor can accumulate the stock in range of 195 to 205 range.
Happy Investing