SUMITOMO CHEM INDIA LTD
Long
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SUMITOMO CHEMICAL - BO OFFERING

172
SUMITOMO CHEMICAL - 2 month consolidation with higher lows has now reached the pivot with tight action and volume has also dried up suggesting all supply has been soaked up. buy can be initiated
CMP - 497 BUY PRICE
483 - SL
530 - TARGET
505-507 RESISTANCE
Note
buy did not trigger here , stock is down since , so this becomes a not valid CALL

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