📊 SEAMEC LTD – Weekly Falling Trendline Breakout Attempt 🚀
📅 Updated: Dec 03, 2025 | ⏱️ Timeframe: 1W
CMP: ₹987.85 (+2.81%)
Ticker: NSE:SEAMECLTD
🔍 Technical Overview
SEAMEC is showing strong bullish momentum on the weekly timeframe, attempting a breakout above a 1.5-year falling trendline drawn from 2024 highs.
A strong base formation is also visible:
🟦 Demand Zone (Support Block): ₹830–₹870
Price has respected this demand zone multiple times, creating a rounded accumulation base.
📈 Current Move:
Breakout candle touching the trendline
Higher lows forming since August 2025
Volume expansion on recent bullish candles indicating accumulation
A confirmed breakout above the falling trendline could mark the beginning of a fresh medium-term uptrend.
🎯 Chart Summary
SEAMEC is showing signs of reversing its prolonged downtrend.
Breakout confirmation above ₹1,030 may open the path toward:
🎯 Targets:
₹1,120 (supply zone)
₹1,210 (swing high)
A close above the trendline with volume would validate the reversal.
⚠️ Disclaimer
This analysis is for educational and chart-study purposes only. Not financial advice. Always do your own research before trading.
📅 Updated: Dec 03, 2025 | ⏱️ Timeframe: 1W
CMP: ₹987.85 (+2.81%)
Ticker: NSE:SEAMECLTD
🔍 Technical Overview
SEAMEC is showing strong bullish momentum on the weekly timeframe, attempting a breakout above a 1.5-year falling trendline drawn from 2024 highs.
A strong base formation is also visible:
🟦 Demand Zone (Support Block): ₹830–₹870
Price has respected this demand zone multiple times, creating a rounded accumulation base.
📈 Current Move:
Breakout candle touching the trendline
Higher lows forming since August 2025
Volume expansion on recent bullish candles indicating accumulation
A confirmed breakout above the falling trendline could mark the beginning of a fresh medium-term uptrend.
🎯 Chart Summary
SEAMEC is showing signs of reversing its prolonged downtrend.
Breakout confirmation above ₹1,030 may open the path toward:
🎯 Targets:
₹1,120 (supply zone)
₹1,210 (swing high)
A close above the trendline with volume would validate the reversal.
⚠️ Disclaimer
This analysis is for educational and chart-study purposes only. Not financial advice. Always do your own research before 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.
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.