CMP is 965, we can see 1130. 16% upside move possible.
RSI 70. ATH breakout in ramco cement with positional target of around 8 percent from CMP
The stock has reached lower trend line and looks to take support and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby & 200 EMA . Risk Reward Ratio - 1:1 SL is placed below multiple major support zone and target is place near swing and channel high. Note: As the market is under selling pressure, enter only after confirming a...
Looks like a BEARISH BAT so need to see if it comes down from there.. Support zones marked... Let's see
Go Short Sell If Candle breakout the line . Take your own risk
Falling wedge pattern observed which gives it a bullish vibe. Anchored vwap is currently at 1041 level which will act as major resistance, if broken in 15min tf with major candle body above avwap, this stock shall fly.
The Ramco Cements is the flagship company of the Ramco Group, a well-known business group of South India. It is headquartered at Chennai. The main product of the company is Portland cement, manufactured in eight state-of-the art production facilities that includes Integrated Cement plants and Grinding units. The company is the fifth largest cement producer in the...
Sl- 970 Another cement sector stock. About to cross all time high with good volumes. Pinned all the cement sector stock analysis. So folks feel free to DM or comment.
Ramcocem above 995 looking bullish as if break triangle Pattern
Short Ramco Cement on opportunity on completion of Bat pattern. Stop Should be 113 extension of X-A . Target-1 38.2 of A-D Retracement. Target -2 61.8 of A-D Retracement.
Ramcocem has good support in the range 880-915, it looks like a good buy on dips candidate until 900 with SL below 880 on closing basis for tgts 1000-1040+. Safe bet would be a couple of close above 940.
Do your own analysis before investing
Ramco Cement broken triangle and retest done, Expected target are marked on chart. Let's see..
Ramco cement broken triangle pattern and retest done, expected target marked on chart. let's see..
Breakout with W Pattern and above moving averages T1 - 948 T2 - 982 T3 - 1003