TradingView
vikasbhekare
Oct 12, 2023 11:08 AM

RAMCOCEM looks bullish Long

RAMCO CEMENTS(THE)NSE

Description

RAMCOCEM is looking bullish on monthly, weekly and daily time frames. It has crossed 60 RSI levels monthly, weekly and daily. You can see volume has been increasing recently. It has been forming a cup and handle pattern. It has broken the neckline of C&H with significant volume. If it retraces 945 levels, it would be an excellent entry-level and can trade for over a 1:2 risk-to-reward ratio. It has a strong resistance at 1085 levels.
More