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You are here : IndiaNotes >> Research & Analysis >> Companies >> Shipping Corporation of India Ltd. >> Research

Shipping Corporation of India: Buy above 64.7 and hold for 2-3 days

Nirmal Bang | 18 Mar, 2016  | Follow Author | Add to my Favourites 
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CMP : 64.7

Action : Buy

Targets : 70/74

Stop-loss : 62

Duration : 2-3 DAYS


The stock has turned the momentum positive; hence a technical bounce could be witnessed from the current levels, upside move from the current levels. Momentum Indicator RSI showing a positive cross over in daily chart indicates strength.


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67.20 +2.35
67.45 +2.50
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About Nirmal Bang

Founded in 1986 by Nirmal Bang, the Nirmal Bang is recognized as one of the largest retail broking houses in India, providing an array of financial products and services. Their retail and institutional clients have access to products such as equities, derivatives, commodities, currency derivatives, mutual funds, IPOs, insurance, depository services and PMS. The Group is headed by Mr. Dilip Bang and Mr. Kishore Bang.

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Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor accept any liability whatsoever arising from the use of any of the above contents.