Ramky Infrastructure - Investment Stock!

184 9
Ramky Infrastructure shows a psitive outlook as the quartely results on 14/2/17 posts the profit of Rs . 28 crore net profit. It has broken its long term resistance 84 with high volume indicating bullishness on 15/2/17. I expect this stock to reach 92, 100, 125, 150 in one year. Its interesting to see the growth of this stock irrespective of its Q2 results on 14/12/16 which showed a net loss of Rs 42 cr .
Note : I am a private trader. I am not giving free/paid calls. I am not taking trading classes. I am here to improve my technical knowledge. This is my trading analysis journal.
Mar 23
Trade active: Finally resistance broken!
Nov 29
Trade closed: target reached: Targets done!
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Only it tested patience. Good Pick . Thanks and regards for sharing in time.
+1 Reply
vanathi MaheshVakharia
@MaheshVakharia, Thank you for the support...
finally the breakout came ... nice one
vanathi PinalGupta
@PinalGupta, Thank you :)
i was right
vanathi PinalGupta
@PinalGupta, May be forming a cup and handle formation!
PinalGupta vanathi
@vanathi, why you are saying its cup and handle and not double top??
sorry mam but it did not broken resistance it did not close above resistance instead it formed a bearish candle pls watch out
vanathi PinalGupta
@PinalGupta, Sure, will watch. Thank you for sharing the information...
+1 Reply
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