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utkarsh1979

RAMCOCEM - 698 strong support

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RAMCO CEMENTS(THE) (NSE:RAMCOCEM)  
utkarsh1979 Updated   
NSE:RAMCOCEM   RAMCO CEMENTS(THE)
Support and Resistance Trend Lines RAMCOCEM
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supportandresistance trendline ramcocem
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.
Comment:
It again went near to same support and reversed from there
Comment:
It has touched 698 again and reversed from there.
Comment:
Once again touched (8-9 oct) the same support and nice up move from that point
Comment:
It is in consolidation phase since 31st Oct.
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