Sumitomo Chem Bullish MomentumSumitomo Chem seems strong closing in weekly
impulse move may happen in daily
concentrate if price sustain above 529 in 4hrs
SUMICHEM trade ideas
Outperforming StockOutperforming stock in weak market
Breakout with high volume on daily TF
One can enter according to own RR ratio.
Sumitomo chemical for positional trade Please note this is for education purpose only.please do own research before you take a trade
SUMICHEM - Ichimoku Bullish Breakout Stock Name - Sumitomo Chemical India Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 535
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
SUMICHEM Ascending triangle pattern
for MORE check in my TradingView ID
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“Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our calls, please consult your financial advisors. Thanks
Breakout in SUMICHEMBreakout in SUMICHEM in Daily and Weekly Timeframes
Entry: 524 (CMP)
Target: 610
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Sumitomo Finally 528 for 550 +ichimoku is a TRADING VIEW INDICATOR based on trend following system designed to help traders enter the positions at decisive points in the trend. ichimoku ⚡️works on all types of Charts and Time Frames.
Sumitomo weekly
SumiChemSumichem we picked at 330 with long term horizon, and on daily chart it's been under parallel channel
stay invested for 2-3 year
SUMITOMO CHEMICAL IND LTD (UPWARD TREND)SUMITOMO CHEMICAL IND LTD
On Daily Basis Time Frame the Stock is Moving on a Good Upward Trend Since Listing and Till the Date and will move on. The Company is Fundamentally sound also.
So as per Chart the Stock looks Good for Medium to Long Term Perspective Purpose and must as a PORTFOLIO STOCK also
CMP - 497.55 or BoD 400
Target 1 - 600
Target 2 - 700
Target 3 - 800 + + +
SL - 340
Time Frame - Medium to Long Term
All charts posted here are only for EDUCATIONAL PURPOSE
Before entering into any Trade / Investment Position kindly consult your Financial Advisor
Sumitomo Chemical - Symmetrical Triangle Breakout Soon 📊 Script: SUMICHEM (SUMITOMO CHEMICAL INDIA LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 / NIFTY MIDCAP
📊 Sector: Chemicals
📊 Industry: Fertilizers & Agrochemicals
Key highlights: 💡⚡
⚠️ Keep an eye on SUMICHEM .
⚠️ It is near at its resistance zone which is around 500.
⚠️ Script is going to give double breakout which is trendline breakout and Symmetrical Triangle Breakout as mention in chart.
⏱️ BUY ABOVE AROUND 500
⚠️ If its give breakout then one can go for swing trade.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
Sumichem: After retracement this stock is touching new highs.Look out for this stock. It will definitely touch new highs. Don't forget to message me tomorrow.
How to trade the double bottom strategyHow to trade the double bottom strategy
Neckline breakout will be entry point with support as stoploss
Expecting Breakout ✌✌✌This scrip is expected to give breakout in the coming days. So trader keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Bullish on SumitomoBullish On Sumitomo (Formation of Ascending Triangle)
Following STRONG trend line
Accumulate on every dip - near at support line
1st Target 508
2nd Target 594
Keep Short term SL 436
Keep Long term SL 426
Bullish on SUMITOMOJust for educational purpose
Bullish on SUMITOMO
Pros
Good formation of cup & handle
1st Target 425
2nd Target 455
Buy above 408 on closing basis.
Cons - Slow moving stock, just started to get volume break out after long time
Sumitomo Chemical expectimg good results 487 now Sumitomo Chemical India Ltd. (SCIL) is one of the leading players in the industry which has a balanced portfolio of technical as well as formulation products along with backward integration for some products. The Company is known for domestic marketing of proprietary products of its Japanese parent -Sumitomo Chemical Company Limited in agrochemicals, animal nutrition, and environmental health business segments. With the integration of Excel Crop Care Limited, the Company now has a strong portfolio of generics in addition to specialty products and a strong combined marketing network. With this integration, the Company has moved up several notches in the pecking order of the Indian crop protection industry. SCIL has also marked its presence in Africa and several other
Looking for 550
SumiChemicalSumichemical Bullish Darvas Box
Buy
Higher lows with a range breakout, the price trading above the highest volume in the recent times
SUMICHEM - Ichimoku Bullish Breakout Stock Name - SUMICHEM
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at CMP,
and more bullishness will be visible after it cross 504.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
SIMPLE TRENDLINES BREAKOUTStraight simple trendline breakout i do not want to complicate it much, better to wait a retest on breakot levels or support levels will check with volumes when it will come
SUMI TAMO - 52 week breakout stock near 52 week resistence along with support from channel pattern in weekly time frame
if stock breakout from current level a 6-7% gain can be seen
stock need to sustain above the level of cmp
and stop loss will be just below entry when day low breaks
Sumitomo Chemical-Rectangle Channel Breakout.Sumitomo Chemical-Rectangle Channel Pattern Breakout Daily Time Frame. Only Education Purpose.
