Multiple bullish patterns can be seen in Ramco cements:
1. It has taken support from 9 month old support zone
2. After more than a month high volumes are seen and it has given it's 4 month old trendline breakout
3. Making a prominent double pattern bottom
4. It has taken support on 20/50/100 EMA
Stock is looking good above 1070 level to test it's ATH 1130
Once ATH is broken - another 5-7% move can be expected
Learn & earn,
Dr. Tanya Kumar
1. It has taken support from 9 month old support zone
2. After more than a month high volumes are seen and it has given it's 4 month old trendline breakout
3. Making a prominent double pattern bottom
4. It has taken support on 20/50/100 EMA
Stock is looking good above 1070 level to test it's ATH 1130
Once ATH is broken - another 5-7% move can be expected
Learn & earn,
Dr. Tanya Kumar
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.
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.