This is follow-up on Sumitomo Chemical. Can check link to related ideas.
Target 1 achieved. More than 9%. Target 2 is ON. Can give big move once price close above purple trend line .
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying...
Long Term Investment
Target : 214.80 (~45%)
SL : 111
Timeframe < 90 Days
Can hold for longer time might reach 400s
Rounding Bottom Pattern
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Higher Highs & Higher...
*Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
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Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Can give big move once price close above purple trend line.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
After a long consolidation, the stock has given breakout with a good delivery volume. All oscillators are indicating bullish bios. ADX also indicating strength in the trend. We can consider price movement up to 420 to 450 in the near term.
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Buy sumichem with sl below 268 and hold for 10-15 % return
It has closed abv 240 dema with large bulish candle supported by volume. Also bounced from the trend line support.
Disc : it's not an investment advice to buy or sell
Range has contracted to the lowest in last 7 days. At the same time, price has breached yesterday's high. Volume had been seen on reversal from 270 but the price found resistance at higher level. These are the people who might have exited seeing bearish crossover of 20 and 65 below 240. I assume that supply has ended as price was unable to breach 269 and...
Forming a box or consolidation structure and every time previously the stock touched the upper line of the box it has corrected till the lower line but this time it didn't which shows strength in Buyers. Also, the elephant steps in the volume are visible which means someone is accumulating. Long with SL at 280. Can add till 290 or at CMP. If it...