Smooth Sailing Predicted - Shipping Corporation of India

Ali On Content / 26 Apr 2010

Smooth Sailing Predicted - Shipping Corporation of India

As regards the Shipping Corporation of India, the stock is likely to witness a good run-up in the near future. One can look at the stock for a short-term trading perspective.

Shipping Corporation of India
BSE Code: 523598
CMP: Rs 160.25
Volume: 57099

The stock is witnessing range-bound movement for the last few trading session. There is a buzz that some domestic institutions and fund houses are taking a keen interest in the stock. For the last few trading sessions the stock has been witnessing a rise in its trading volumes. Market participants suggest that the stock is likely to witness a good run-up in the near future. One can look at the stock for a short-term trading perspective.

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