SUMICHEM a golden buy chance1) ridiculous volumes 2) Round bottomish breakout 3) Avg zone at 485, small SL 4) retest imp for safe tradersLongby mayankbimiPublished 1
Sumitomo Chemicals BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.Longby tradewidmufeethPublished 2
sumichemSumitomo Chemical India (SCIL) manufactures, imports and markets products for Crop Protection, Grain Fumigation, Rodent Control, Bio Pesticides, Environmental Health, Professional Pest control and Feed Additives for use in India. SCIL has also marked its presence in Africa and several other geographies of the world. The product range comprises of conventional chemistry sourced from parent company, Sumitomo Chemical Company and biological products sourced from USA based subsidiary, Valent Biosciences LLC, a leader in producing a range of naturally occurring, environmentally compatible pesticides and plant growth regulators, for over 40 years. It also produce many technical grade pesticides in its state-of-the-art manufacturing units with indigenous R&D facility. Committed to consistent quality, it provide a unique offering of new generation as well as conventional and biological products to customers. Domestic business Sumitomo Chemical India is primarily engaged in manufacturing and sales of speciality and generic products under Agro Solutions Division (ASD), Environmental Health Division (END) and Animal Nutrition Division (AND). It has Strong R&D capabilities with a dedicated pool of engineers and scientists capable of creating new combinations and developing efficient processes, that impact millions of consumers. It is equipped with a robust distribution network and dependable logistics which cater to the consumer needs. Its Diversified product portfolio and unmatched product quality, makes it formidable players in the field of crop protection. Crop protection SCIL Specialty SCIL ECC SCIL Basic Biological The Biologicals segment of crop protection is continuously growing in Sumitomo Chemical India. Biologicals are derived from natural principles such as plants, microorganisms and minerals. These are highly environment safe crop solutions developed by the highly innovative Research & Development team of Sumitomo. SCIL biologicals result in effective alternative against conventional pesticides. Plant Growth Regulators Plant Growth Regulators (PGRs), are molecules that influence the development of plants and are generally active at very low concentrations. Plant growth and nutrition substances have a key role in different physiological processes related to development of crops. Changes in the levels of plant hormones and nutrients due to stress can adversely affect crop growth. Sumitomo Chemical India, has a range of plant growth and nutrition products that help farmers improve crop yield. Fumigants & Rodenticides While fulfilling the food demand of an increasing population remains a major global concern, more than one-third of food is lost or wasted in postharvest operations. Sumitomo Chemical India had designed a range of effective fumigants and rodenticides to combat this problem. CELPHOS FUMIRAT COMMANDO TOJOPHOS Household Pesticides Professional Pest Control products Vector/Public Health products Customer Solutions products Animal Nutrition The company manufacturers and suppliers of Methionine, which is used as feed additive. Methionine is one of the essential amino acids that cannot be synthesized in the animal body. Methionine often tends to remain at an insufficient level in livestock feeds mainly consisting of plant material.Longby TradernawabPublished 1
SUMICHEM is about the break the trend line.NSE:SUMICHEM The video is self-explanatory. Add this stock to your watchlist. Aim for 5-8% if it breaks the trend line as it can be easily achievable in 1-3 days. My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2. The reason for booking profit of only 4-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities. It is an analysis video. Take your decision on your own.Long02:47by ChartmaniacUpdated 2
SUMITOMO CHEMICALS INDIA LTD (LONG)Good Volume coming in this stock Bounced back from 255 EMA now above 200 EMA taking suport at it BUY near 360 -370 SL 355 TGT 394 - 428 - 456Longby EliteMasterTrader007Published 2
Long Sumitomo ChemicalSumitomo is taking 200 DEMA support. Also bullish engulfing seen on DTF. Good for long.Longby alphafoundPublished 0
SUMICHEM SWING TRADESumitomo chemical is very good company of Agrochemical industries and now it's trading in range with trendline resistance when it's break trendline resistance and close above 421 in 30min chart frame we can go for long as a swing trade for the target of 434 and 458. Entry: 30min candle close above 421 SL: 391 TGT: 434/458 This is just for knowledge purpose only do trading with Money management and strict SLLongby StockMarketArtistPublished 2
Sumitomo Chem , Inverse H&S breakdown if breakdown below 400 confirmed , will head towards 370Shortby arpitvermaPublished 0
Reversal Play : Sumitomo Chemical Can enter with 25% size and keep adding till 450 , need to cross 450 for breakout with good volumes .. Keep 385-380 range as Daily Closing basis .. Longby nitinchidarUpdated 2
imminent Breakout..Sumitomo has been moving in a channel pattern and on verge of a breakout from upper channel - volumes have been decent CMP -350 Target 1 - 353 Target 2 - 383 ideally it is advisable to take such trades when a stock is BEGINNING to move up the channel after taking support at lower channel. 276 would have been the ideal level..but even now it is fine. Watch for breakout. Calculate your own risk/reward Longby PanchalkUpdated 0
Sumitomo BreakoutStock has broken out from the upward channel and crossed all time high giving 2 simultaneous breakouts with great volumes. One should wait for this share to settle above the broken resistance level of 328.5 to initiate long if price sustains.Longby Anirudh3380Published 220
SUMICHEM - Retest and Reversal - Swing tradeThe above analysis is done purely on basis of Price Action & Chart Patterns. The analysis is done in live market on daily TF hence price may take few days to few weeks in order to reach the targets As can be seen, that price was consolidating below the resistance line and tried to breakout once but failed. The price again broke out and now came to retest the level which is now acting as support. Price has shown good reversal from same level by forming BULLISH ENGULFING CANDLE. Entry, SL and Targets are shown in image itself. The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management. Feel Free to comment for any queries regarding the above stock or price action analysis in general. Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies.Longby AdityaKarn90Published 1
SUMICHEM - Ready for an upmoveGlobally reputed parent company - helps to bring superior research and technology to India. Tailwinds of agricultural reforms Zero debt company. Double bottom, and cup and handle seen on weekly chart Company being accumulated since few months CMP 308Longby kpbatsPublished 0
SUMITOMO CHEMICAL IND LTD - Hidden Bullish RSI divergence SUMITOMO CHEMICAL IND LTD - Hidden Bullish RSI divergence Longby priyeshkparmarPublished 0
Channel Break outchannel Break out NEED to close above 310 can see good movements in coming days CMP 316 SL 304 Target 350++ by Ananthan21Published 1
SUMITOMO CHEMICAL CMP 306.5Stock has given breakout with volume. Looking good on charts. Fundamentally super stock. Stop Loss: 285 Target: 500 Duration: 1+ YearsLongby anujpa234Published 111