Ram Ratna Wires Ltd Ram Ratna Wires Limited is engaged in the manufacturing of winding wires, mainly enamelled copper wires. The product portfolio of the co. includes enamelled copper wire and strips, enamelled aluminium wires and strips, submersible winding wires etc. The company’s products are utilised in the transmission and distribution industry, automobile...
NSE:RAMRAT has consolidated over 280 range and given good breakout. We can see long term move with SL of 270 can average till 280. Major targets levels are highlighted in blue lines.
Entry above - 323 or at retest at 305 also one can wait for the symmetric triangle pattern to complete. Tgt - 375 SL - 293 ( risky - 283 ) TimeFrame - Swing Trade -- DISCLAIMER -- I am not a financial advisor or SEBI registered This is just a view Please DO YOUR OWN RESEARCH before investing in any stock Happy trading Peace
The product portfolio of the co. includes enamelled copper wire and strips, enamelled aluminium wires and strips, submersible winding wires etc. The company’s products are utilised in the transmission and distribution industry, automobile industry, capital goods manufacturing, consumer electricals, batteries, generators, etc.
RAMRAT keep making higher high supported by volume, breaking out of the range
215-210 is the accumulation level! 200ema will act as the support and closing below that can be considered as a sl! Long in it at the cmp!
Ram Ratan Wires Breakout sustaining above 310 Target 350/400/500/550+ Add Till 270 SL 225 #stocks #momentotrades #investing #trading #investors
Monthly candle has not closed yet but good on weekly tf sl mcb