Wolf Wave Wolf Wave pattern created.
Waiting to break the previous candle high, then we will go to the buy side.
Key stats
Market capitalization
201.256BINR
Dividends yield (FY)
0.24%
Price to earnings Ratio (TTM)
40.10
Basic EPS (TTM)
10.10INR
About SUMITOMO CHEMICAL INDIA LIMITE
ISIN
INE258G01013
Sector
Process Industries
Industry
Chemicals: Agricultural
Website
sumichem.co.in
CEO
Chetan Shantilal Shah
Headquarters
Mumbai
Employees
5.413K
Founded
2000
Sumitomo Chemical India Ltd. engages in the manufacture and sale of agricultural and household insecticides and animal nutrition products. Its products include crop protection chemicals, feed additives, fumigants and rodenticides, and bio pesticides. The company operates through the following segments: Agro Chemicals and Others. The company was founded in 2000 and is headquartered in Mumbai, India.
LONG CALL ON SUMITOMO CHEMICALSBreakout on 15 min charts
Targets 449/455
Stop loss 434
As market is also in the mood of recovery
Sumitomo chemical Sumitomo chemical is currently trading in an uptrend , wait for the up or down breakout
Range StockThe price Chart clearly says a lot itself. The price action is something that always works. This is a classical example of how a VERY simple analysis is enough in the market to become profitable.
This time again it has given an opportunity and made a BULLISH PIN BAR at the support of this range whi
SUMITOMO CHEMICAL - BO OFFERINGSUMITOMO 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
Trend Support - Key LevelSumitomo chemicals is an leading company in Indian Chemicals sector.
The quarterly earnings of the company were strong, but due to short term regulatory changes, the share saw a downfall.
One of its chemicals ~ 15% revenue had its usage restricted, but the management expects these headwinds to ea
SUMITOMO CHEMCIAL TARGET 530SUMITOMO CHEMICAL under upward channel support line. It opens above 480 and sustains above 489 it will reach 530, It is under the weekly demand zone.
SUMICHEM hourly looking bullishSUMICHEM hourly chart has flag n pole breakout, looking bullish. Good to buy at 520 for target of 539 and 552 with sl below 507
Sumichemical LONGSUMICHEM is very good fundamentally
It looks good on chart also now. It gained momentum.
It broke out of consolidation.
Please follow strategy.
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Income Statement
Balance Sheet
Cash Flow
Earnings
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Revenue
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