#SUMICHEM #patterntrading #chartpattern
SUMICHEM : Swing Trade
>> Ascending Triangle Pattern
>> Trending Setup
>> Good Strength & Volume in Stock
>> Good Risk Reward Trade
Swing Traders can lock profit at 10% and keep trailing
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Disclaimer : This is...
SUMICHEMICAL looks strong breaking out in weekly timeframe.
It closed above weekly support line during heavy volatility on June4.
So need to see whether it closes above weekly support line this Friday
Need to plan trade accordingly.
#sumichem
Sumichem / sumitomo
Volumes are nearly dead.
Expecting a spike soon.
Trading around support area.
Can be good addition.
Although in chemical play don't keep this one as major holding in folio.
#VR
*Always Enter With good confirmation & Maintain proper Risk Reward.
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