Sumitomo Chem India Ltd: Weekly Breakout with Strong Buy Signal!
📊 Sumitomo Chemical India Ltd - Technical View
🔍 Weekly Timeframe:
Resistance Trendline Breakout 🚀
Big Bullish Green Candle with volume 📈
📈 Indicators:
MACD: Buy Signal ✅
Oscillators: Buy Signal ✅
💵 CMP: 608
📉 Key Levels:
Stoploss: 570
Target : 1:3
Trail your Stoploss for the target of 1:3
Target 1: 630
Target 2: 660
Target 3: 700
Disclaimer: "Please do not base your trades solely on the ideas mentioned above. Conduct your own research before making any trading decisions. We are not responsible for any financial losses that may result from applying this study or from taking any early entry or exit in trades."
#StockMarket #TechnicalAnalysis #Breakout #Bullish #SumitomoChemical #Trading
🔍 Weekly Timeframe:
Resistance Trendline Breakout 🚀
Big Bullish Green Candle with volume 📈
📈 Indicators:
MACD: Buy Signal ✅
Oscillators: Buy Signal ✅
💵 CMP: 608
📉 Key Levels:
Stoploss: 570
Target : 1:3
Trail your Stoploss for the target of 1:3
Target 1: 630
Target 2: 660
Target 3: 700
Disclaimer: "Please do not base your trades solely on the ideas mentioned above. Conduct your own research before making any trading decisions. We are not responsible for any financial losses that may result from applying this study or from taking any early entry or exit in trades."
#StockMarket #TechnicalAnalysis #Breakout #Bullish #SumitomoChemical #Trading
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.