Chart_World

RAMKY multiyear breakout

Long
NSE:RAMKY   RAMKY INFRASTRUCTU
RAMKY RAMKY

Time Frame – Monthly

Observations:-
* Monthly closed above major resistance zone
* Cup & Handle pattern breakout on monthly chart
* Trendline resistance breakout on monthly chart
* After major BO price may go for consolidation before next run
* Same pattern seen in 2013 to 2017

Resistance – 360 / 471.55

Support – 270-230 will act as support zone now. Next zone 175-140


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