SEAMEC LTD - Weekly Falling Trendline Breakout

📊 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.