SumiChem momentum tradingStrong momentum stock
Long position as mentioned in chart
Trail stop loss once trade is triggered
Enter at your own risk
SUMICHEM trade ideas
BUY - Sumitomo chem [swing trade idea]NSE:SUMICHEM
Stock trading near good support zone. Buy at this level for a target of 450. NOTE - Wait until we see good volumes.
SumitomochemicalSumitomo chemical is moving in a side ways in a box pattern taking short term support of 385 if sustain can move upwards for the target of 420 430 & 460 it also in a 100 EMA support zone and RSI is also in a bought zone if it cant hold the support of 385 it may fall upto 355 which is Major support level for this stock please do research at your own
Sumitomo sumichem should perform now#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
Sumitomo formed - Bullish Triangle PatternCurrently Sumitomo formed bullish triangle pattern
Entry level Between 411-420
Target - 451 & 491
Stop Loss - 387
WATCH FOR BREAKOUT IN SUMICHEM FOR 480 TARGETSUMICHEM has formed good support base at 398 and forming a triangle pattern, very much bullish to make 480 before ending of Month November. NSE:SUMICHEM
in.tradingview.com
#Sumo chemical long opportunity#Sumo chemical long opportunity
SL-395
target -544,451,469
CMP:418 @6 October 2021
Sharing only for learning.
SUMITOMA CHEMICAL.... WATCH FOR A BREAKOUTA good triangle pattern had formed in the script. Watch for a breakout. Good to enter above 420 rupees.
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON SUMICHEM.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
Can it go up? or will go down?Fundamentally the stock is Strong.
If it gives a breakout can go back to previous highs and a little further.
if it breaksdown can go down a good way.
Watchout!!
in my watchlish!!.
Pennant formation in SUMICHEM SUMICHEM has formed a pennant and looks ripe for a breakout.
Entry Price : 414.4
Stoploss : 372.9
Target 1 : 455.8
Target 2 : 476
sumitomo ready for trendline breakoutsumitomo ready for trendline breakout good for positional by prajapati9951
#SUMICHEM strong above 435.75 levelsSUMICHEM strong above 435.75 levels, it can go up to 459.90 in short term
sumitomo chemical long positiononly education purupose..
dont mind below lines
sumitomos Limited is an Indian multinational automotive manufacturing company, headquartered in Mumbai, Maharashtra which is part of Tata Group. The company produces passenger cars, trucks, vans, coaches, buses, luxury cars, sports cars, construction equipment and military vehicles.
SumiChem Expecting Breakout for Intraday*Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
>> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades<<
SUMICHEM #StockMarket #StockIdeas #StocktoWatch #StockToBuy sumitomo chemicals
at all time high levels
breakout after consolidation, with good volumes
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stock good for long term also
positional bet
share holding pattern is also interesting
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can buy above 450-455 levels
with sl of 415 for short term holding and 400 for long term holding
minimum first target will be 500
can be hold long for positional play
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strict sl to be followed in every trade
SUMITOMO CHEMICAL--> Standing on supportCurrently standing at a crucial support of 21EMA can give fast 5-6% return on upside. its worth keeping in your watchlist
