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VARUNTRADES

SUMITOMO CHEMICAL - BO OFFERING

Long
SUMITOMO CHEMICAL IND LTD (NSE:SUMICHEM)  
VARUNTRADES Updated   
NSE:SUMICHEM   SUMITOMO CHEMICAL IND LTD
Trend Analysis Chart Patterns buy buysignal sumitomo breakout
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trendanalysis chartpattern buy buysignal sumitomo breakout
SUMITOMO CHEMICAL - 2 month consolidation with higher lows has now reached the pivot with tight action and volume has also dried up suggesting all supply has been soaked up. buy can be initiated
CMP - 497 BUY PRICE
483 - SL
530 - TARGET
505-507 RESISTANCE
Comment:
buy did not trigger here , stock is down since , so this becomes a not valid CALL
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