1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Shipping Corp of India

Discussion in 'Fundamental Analysis' started by basantv2011, Jun 15, 2017.

  1. basantv2011

    basantv2011 New Member

    Joined:
    Dec 30, 2013
    Messages:
    15
    Likes Received:
    1
    Hi,
    I am holding sci for last 3 years @63. Shall i exit in this rally or is it worth holding? Pl advise.

    Thanks,
    Basant

    Sent from my GT-N7100 using DIY Technical Analysis mobile app
     
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,702
    Likes Received:
    1,940
    I think you should hold with a trailing stop loss.

    The sales of the company are flat at around 4000 crores but it looks like they are now managing to better the margin and so EPS is expected to go up which can lead to some more upside in the stock. Definitely not a candidate for the long term unless you know some more about the company.
     
  3. basantv2011

    basantv2011 New Member

    Joined:
    Dec 30, 2013
    Messages:
    15
    Likes Received:
    1
  4. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,702
    Likes Received:
    1,940