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anuragAnand321
Mar 29, 2023 8:39 PM

Uptrend in RAMCOCEM Long

RAMCO CEMENTS(THE)NSE

Description

Based on the analysis of RAMCOCEM's price movements, it appears to exhibit a bullish trend characterized by a series of higher lows and higher highs (L, H, HL, HH). Furthermore, after encountering the support trendline indicated by the yellow circle, the price has formed an inverted head and shoulders pattern, which is widely regarded as a bullish signal by technical analysts. Given these indications, it may be reasonable to infer that RAMCOCEM is poised for further upward movement.
Comments
Bravetotrade
Congratulations and well done for sharing your first idea with the community.
Hope you will be having great experience.
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From mod @Bravetotrade
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