RAMCOM CEMENTS long idea
Hi All
Ramco Cements (RAMCOCEM) is currently trading around the 800 level, which presents a favorable buying opportunity. The stock is expected to find strong support at this level, indicating a potential upward movement. With a target price of around 950 in the short to medium term, investors can anticipate a significant upside potential. Additionally, a second target of 1050 provides an even higher potential return on investment. To manage risk, a stop-loss order can be set at 710, ensuring downside protection in case the trade moves against expectations. Overall, Ramco Cements presents an attractive trading opportunity with favorable risk-reward dynamics.
Target 1: 950
Target 2: 1050
Stop-loss: 710
Thank you
Ramco Cements (RAMCOCEM) is currently trading around the 800 level, which presents a favorable buying opportunity. The stock is expected to find strong support at this level, indicating a potential upward movement. With a target price of around 950 in the short to medium term, investors can anticipate a significant upside potential. Additionally, a second target of 1050 provides an even higher potential return on investment. To manage risk, a stop-loss order can be set at 710, ensuring downside protection in case the trade moves against expectations. Overall, Ramco Cements presents an attractive trading opportunity with favorable risk-reward dynamics.
Target 1: 950
Target 2: 1050
Stop-loss: 710
Thank you
Note
830Note
890Trade active
925 
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.