Rachit_Sethia

#RAMCOIND 13% $return #RAMCOCEM #ULTRACEMCO #ACC #SHREECEM #STAR

Long
NSE:RAMCOIND   RAMCO INDUSTRIES
#RAMCOIND
RAMCOIND
CMP: 282.50
Target: 320
Stop Loss: 254
Time Frame: Approximately 2 months.

Factors:
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Higher Highs & Higher Lows.
Breakout above RESISTANCE levels
Trading at SUPPORT levels
Fundamental are strong.
Earnings report & quality strong
EPS Positive
Risk Return Ratio is healthy.
And
Rising from the Bottom to V Shaped Pattern to Flag Pattern forming

The stock might cross its all time high.

Compare with peers
NSE: ULTRACEMCO
NSE: RAMCOCEM
NSE: ACC
NSE: SHREECEM
NSE: INDIACEM
NSE: JKCEMENT
NSE: JKLAKSHMI

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With 💚 from Rachit Sethia




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