Ramco Cements is currently displaying strong trading activity with significant volume and a notable breakout above the resistance level. The stock successfully breached its resistance, indicating potential bullish momentum. After the breakout, it retested the trend line, confirming the newfound strength.
The current support for Ramco Cements stands at the 910 level, suggesting a firm base for any potential retracements. With this breakout and support level in mind, the stock's price target appears to be in the range of 1000 and 1060, offering investors the possibility of solid gains.
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As you look at the chart, it becomes evident that the stock is steadily heading towards the predefined target.