SCI trade ideas
Swing trade atleast 20% returnHi All,
Please refer chart for detailed explanation on technical analysis.
Current price is low as compared to book value also there are high chances of Target 2.
I will be buying at all support zone because I'm very much sure that it will reach around 160 levels in few months.
For long term it can also go up to 200 levels.
You can also check my ITC trade for 25% return. Link is shared below or else you can visit my profile and check all the Ideas which I have shared.
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Feel free to leave any questions you have in the comments! I will gladly respond to them.
Hopefully, this helps you out a little bit. Please make your own research before investing.
P.S: This is not an investment advice. This chart is meant for learning purposes only. This is my personal viewpoint so please Invest your capital at your own risk
Breakout of the decade. Buy SCI (2/10/21)SCI has given a rounding bottom breakout after 10 year long consolidation. The stock tried to breach 116 in the past however failed. This week after a 15% correction and months consolidation the stock successfully given a clear breakout. My long term target is around 400.
Target - 188, 221 Weekly
SL - 102 Weekly.
View - Medium term.
Time - 6 Months.