SEAMECLTD trade ideas
SEAMEC LTD Analysis 01 July23As per my analysis, Buyers are getting strong to buy on NSE:SEAMECLTD . Best level to take buy entry is 661 with stop loss of 555 (-106) and my expected upside target would be 745 (+84) & 790 (+129). If price continue stay above 790 then it may reach up to level of 890 (+229)
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
SEAMEC LTD BREAKOUTNSE:SEAMECLTD broke out from a flag pole trend continuation pattern.
A momentum trade can be taken with a 1:3 RRR.
Targets: 1500/1600/1750+
sl below 1145
SEAMEC LTD ( EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK FOR EDUCATIONAL PURPOSE ONLY
WATCH SEAMEC LTD with target of RS 1190 CMP IS RS 1129.35
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR @ RS 1005
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
long seamecltdSeamecltd can buy here for long term 900+ tgt
as RS is strong
adx is strong
stock in 2nd stage
flag and pole pattern in SEAMEC LIMITEDFlag and pole pattern
triangle pattern breakout
bounce back from 50 DMA
volume starts increasing
outbreak is expected in few days
levels are depicted in chart
this is for education purpose only
SEAMEC - BULLISH PATTERNSEAMEC
CMP 293
Long suggested only above 303
Stop 278
Logic :
#VCP
Contraction in price witnessed
-13% first swing
-10% second swing
-7% third swing
