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Август
2023

Stock Radar: 30% in a month! SCI nears breakout from a 15-year falling trendline. Time to buy?

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The stock has been in a corrective phase after it made a top around Rs 221 levels back in January 2008 on the monthly charts. It made a base around Rs 26 levels in August 2013 and then again in September 2019. It is now on the verge of giving a breakout from a downward-sloping trendline resistance on the monthly charts. However, it has confirmed a breakout on weekly Heikin Ashi charts, suggesting that the up move has started














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