kalyanganguly

RAMCOCEM - Bullish breakout

Long
NSE:RAMCOCEM   RAMCO CEMENTS(THE)
Note: This is for educational purpose only and do not trade F&O options based on this analysis.

There seems to be a bullish breakout post W pattern formation with high volume. Similar breakout can be seen on RSI as well. RSI above 65 indicates bullish momentum.

SL: 850₹

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.