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Moneycontrol.com >> Message Board >> View Messages >> Shipping Corp
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technical target Rs 390 immediately (6)   14-May-08 23:37Tracked by (0)  
Posted by:   Guest on ( 14-May-08 23:37 )
Price : BSE: Rs 258.80 ( 6.26 % ), NSE: Rs. 258.55 ( 5.92 % )
while everyone was watching the bonus announcement, something happened on the technical side during this week.....the 50 DMA crossed the 200 DMA, and today the 100 DMA giving the unbeatable upward triple wave formation signal. RSI shows overbought but a good look at the RSI pattern also shows that SCI has shown a penchant for staying in the overbought zone for long. There is an easy Rs 130 or 50% upside from these levels. See you guys at Rs 390.
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