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Vineet Chawla

23rd Oct · SEBI-Registered Analyst

close within 52-week high zone

SCI
- Current Share Price: The current share price of Shipping Corporation of India Ltd. is ₹250, which is close to its 52-week high of ₹253.90. - Market Performance: The stock has shown strong yearly momentum, trading near its 52-week high, and has delivered 275.1% returns in 5 years, making it a potential multibagger. - Technical Outlook: The stock is showing bullish momentum with price above both 25-day and 50-day moving averages. The 25-day moving average at ₹224.26 serves as the nearest technical reference point. - Target Price: Analysts have set a median target price of ₹0 for the stock in the next 12 months, while some predictions suggest potential targets of ₹235.9, ₹233.06, and ₹230.51 for 2025, and ₹320.51, ₹314.53, and ₹308.36 for 2026. Disclaimer: Investing and Trading in Stock Market is risky activity. Always trade with a stop loss. Do not Trade's invest by taking loan and trade only with the money that you can afford to risk. Do not put your entire capital in one single Trade.

#WatchOutFor#TechnicalViews
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