TradingEdge_Academy

RAMCOCEM - MOVING IN A NARROW CHANNEL !!

NSE:RAMCOCEM   RAMCO CEMENTS(THE)
#RAMCOCEM

- TRADING IN A NARROW RANGE.
- TAKING RESISTANCE FROM 200EMA

INDICATORS ARE NEUTRAL

SELL BELOW LOWER CHANNEL
SL 200EMA
TGT 597/ 575/ 545

BUY ABOVE UPPER CHANNEL
SL 100EMA
TGT 400EMA/ 715/ 745

KEEP AN EYE!!

NOTE - BREAKOUT HAS TO HAPPEN WITH MORE THAN AVERAGE VOLUME AND THE FOLLOWUP CANDLE MUST SHOW CONVICTION!!
***Always keep buffer with target and SL level
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.



-
Garey
Whatsapp - +91 9999 504 500
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