THE RAMCO CEMENTS LTD
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RAMCOCEM - 698 strong support

698 is strong support for RAMCO CEMENT from long time. There was trend reversal from this level many time.
Right now there is breakout on daily chart
Above 200 EMA & at 50 EMA.
Note
It again went near to same support and reversed from there
Note
It has touched 698 again and reversed from there.
Note
Once again touched (8-9 oct) the same support and nice up move from that point
Note
It is in consolidation phase since 31st Oct.

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