Dragonchaya
Long

8 years breakout ( Investment Call)

NSE:RAMCOIND   RAMCO INDUSTRIES
8 years breakout
ichimoku is bullish ( not shown on chart)
safe to buy over 322 closing
can double from here
DOES EVERY STOCK WHICH HAS 8 YEAR BREAKOUT WILL DOUBLE AND WHAT IS THE TIME FRAME.......THANKS . GBU
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Dragonchaya bnjanamatti
@bnjanamatti, No, there is no relation between 8 years breakout and being double. it is simple maths ( i guess u know chart pattern) the highest price is 319 and lowest is 16 so ( 313-16 = 297) so when it breakout from 319 then (319+297= 616) it is double. Time frame only God and liar can tell you correctly but such breakout if occurs with good volumes it might take 1-1.5years . I hope you are satisfied now.
+1 Reply
bnjanamatti Dragonchaya
@Dragonchaya, ITS GOOD THANKS
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