Munafa Sumitomo Chem India Ltd (SUMICHEM) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Sumitomo Chem India Ltd (SUMICHEM) Indicator analysis

Sumitomo Chem India Ltd stock tips (delivery Volume analysis)

Total 5 day volume for Sumitomo Chem India Ltd is 2628412, out of which 1896424 went into delivery, which is 72.15 percent of total volumes

Volumes in the last session was 309994, out of which 172930 went into delivery, which is 55.78 percent of total volumes.

Its safe to say that enough delivery is being taken in the stock to conclude that the trend below will continue for a couple of days.

Sumitomo Chem SUMICHEM intraday stock tips

10 Tuesday February Stock tips for Sumitomo Chem Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Sumitomo Chem SUMICHEM gave a large move recently.

My analysis of Sumitomo Chem is bearish for shortterm, and stock might move down till 413.7 or till 401. Use a stoploss of 424.2 and if the stock hits stoploss, then it can shoot up till 434.72

09 Monday February Stock tips for Sumitomo Chem Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Sumitomo Chem SUMICHEM gave a large move recently.

My analysis of Sumitomo Chem is bearish for shortterm, and stock might move down till 413.2 or till 399.7. Use a stoploss of 424.37 and if the stock hits stoploss, then it can shoot up till 435.58

06 Friday February Stock tips for Sumitomo Chem Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Sumitomo Chem SUMICHEM gave a large move recently.

My analysis of Sumitomo Chem is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Sumitomo Chem stays below 412.6, but if it comes above 412.6, then a intra day buy could be more profitable.
If you take a sell trade below 412.6, then use 412.6 as stoploss and 398.2 as target. However if you take a buy trade in Sumitomo Chem, then use 412.6 as stoploss and 424.62 as target.

05 Thursday February Stock tips for Sumitomo Chem Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Sumitomo Chem SUMICHEM gave a large move recently.

My analysis of Sumitomo Chem is bearish for shortterm, and stock might move down till 413.4 or till 398.1. Use a stoploss of 426.12 and if the stock hits stoploss, then it can shoot up till 438.85

04 Wednesday February Stock tips for Sumitomo Chem (SUMICHEM) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Sumitomo Chem SUMICHEM gave a large move recently.

My analysis of Sumitomo Chem is bullish for shortterm, and stock might move up till 441.7 or till 459.5. Use a stoploss of 426.76 and if this stock hits its stoploss, then it can fall down till 411.87

03 Tuesday February Stock tips for Sumitomo Chem Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Sumitomo Chem SUMICHEM gave a large move recently.

My analysis of Sumitomo Chem is bearish for shortterm, and stock might move down till 408.4 or till 386.6. Use a stoploss of 426.55 and if the stock hits stoploss, then it can shoot up till 444.7

02 Monday February Stock tips for Sumitomo Chem Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Sumitomo Chem SUMICHEM gave a large move recently.

My analysis of Sumitomo Chem is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 405.7 as stoploss in an intra day buy trade for a target of 426.99. However, stock will show a bearish move below 405.7.

Sumitomo Chem SUMICHEM tips for tomorrow

Tomorrow's movement Prediction of Sumitomo Chem SUMICHEM appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock. If it shows signs of weakness in the latter half, then this trend can continue tomorrow as well. Similarly, if it shows signs of strength in the latter half, then this trend can continue in the next trading session as well.

Munafa value: 46

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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