Market
Ramco cement long opportunityNSE:RAMCOCEM
Stock -> Ramco cements
TimeFrame -> Weekly
Hello all!
Ramco cements has been following and respecting its lower trendline and then further started moving in a channel. It came back to its lower channel trendline and bounced back. It now stands at a crucial resistance zone. The breakout of this zone would make for a good opportunity to go long.
After the breakout of the resistance zone, the stock would also start trading above its 200 and 50-week EMA. The formation of an inverse left shoulder and head further suggests that the stock is ready to move up.
The Risk reward ratio will also be excellent upon crossing the yellow zone.
*NOT A CALL*
#ramcocements #technicalanalysis #stocktrading #swingtrading #nifty #markets #trading #investing
SEQUENT : Add to WatchlistSEQUENT is underperforming for some time - looks like things are changing after tested bottom levels around 80.
Crossing 120.95 levels - we should see good upside momentum on this -- add to watchlist.
14-07-2022 --- 101.4 Cross WK Piv Downside Close above 20 SMA on Daily time frame M/W RSI <40. & Daily RSI 40<>60:
20-07-2022 --- 119.05 Close crossed W-SMA-13 Upside
27-07-2022 --- 117.95 Normal NR7 - Inside Candle
28-07-2022 --- 116.95
29-07-2022 --- 127.75 Crossing 4-week High Close above 20 SMA on Daily and Weekly time frame W trend Change to +ve and Monthly trend is -ve Price Crossed Upside 50-SMA Monthly Normal NR7 - Breakout
11-08-2022 --- 104.1 ADX - 33.2 - DIPlus 18.9 - DiMinus- 29.4* Trend Ch - 2D Bk Close Below 20 SMA on Daily/Weekly/Monthly time frame Close crossed W-SMA-13 Downside RSI- Monthly:40.5 Weekly:39.5 Daily:37.5
17-08-2022 --- 113.5 Cross WK Piv Upside
18-08-2022 --- 112.15 Today's volume is the lowest in one month Cross WK Piv Downside
19-08-2022 --- 110 Daily VWMA crossed Weekly VWMA - Upside today
24-08-2022 --- 117.35 Cross M Piv upside Close crossed W-SMA-13 Upside RSI- Monthly:42.5 Weekly:46.1 Daily:53.4 -- Clear indication of increase on all time frames
Just for information sharing.
JSWENERGY - Increasing MomentumJSWENERGY : above 50/100 Daily moving SMA's,
On Daily/Weekly/Monthly time frames - above 20 SMA,
The monthly and Weekly trend is _ve.
Daily SMA 13 Crossed SMA 55 - From Bottom
Weekly Close Crossed Weekly SMA 13 Upside.
RSI Monthly:57.8 WK:51.8 Daily:69.7 & looking to go up clearly
Also making HH and HL from the recent low levels.
Can be considered for 320/350 levels.
Add to watchlist.
Please do your own research before taking a call.
REFEX - Possible BOLooking at the charts, REFEX seems to be breaking out past 9 months trendline.
If sustained - we should be seeing 160 levels very soon.
2022-07-26 - Price -116.35 - Today price crossed WK Piv Downside. Out of Squeeze & candlestick formation: Marubozu. close is above 20 -SMA on Daily time frame & below on W/M time frames.
2022-07-28 - Price crossed Cross WK Piv Upside, On Daily time frame SMA-13 Crossed SMA-55 upside. Also Normal NR7
2022-08-01 - Volume is 3-M - High. ADX >26 and DI+ >37. Close Crossing 4 week High, close is above SMA-20 on D/W/M time frame.The trend changed to +ve on M & W time frames.
2022-08-04: Price :130.15 ADX>31, RSI- Monthly :57.7 WeeKly:57.9 Daily:72.3. High on momentum.
Add to watchlist.
BTC BEARISH SCENARIO WHICH IS GOING TO PLAYIn above chart, We can see a trend line acting as a support and resistance for about a year. Above trend line acted as support for about 4 times. After price broke out of trend line now the price is going for a retest. Thus we are going to see more downside in price
ABCAPITAL : Increasing momentumBased on the chart pattern and last couple of movements - we should be able to see 124 will be the next immediate target - if sustains current levels.
Few points :
2022-07-18: Crossing 4 week High, Crossing Weekly, and Monthly Pivots Upside. Close is above D-20 SMA but below WK/Month 20SMA. Close crossed D SMA-13 Upside. Normal NR7 - Breakout
2022-07-22: Volume is Monthly HIgh, Trend Changed +ve 2 days Back. Close is above Weekly 20-SMA. The monthly trend is -ve, and the Weekly trend changed to +ve today. Price Crossed Upside Monthly 50-SMA. Also Close crossed Weekly SMA-13 Upside
2022-07-26: ADX is >25 and DI+ is > 33
2022-08-01: ADX is >31 and DI+ is > 37 Close is above 20 SMA on Daily/Weekly time frames.
Please add to watchlist.
20MICRONS -- Will this sustain the move? Looking at the recent move with good support on volumes, if the stock can sustain the momentum and cross the 106-108 hurdle, we can see strong upside movement.
2022-07-18: (72) Cross WK Piv Upside, Doji Star, on Daily/Monthly timeframe Close above 20 SMA.
2022-07-19: Today Volume is highest in past month. Also close crossed Crossing 4 week High, and also Close crossed W13SMA Upside
2022-07-22: Again volume is monthly high, Trend changed to +ve Today. Formed Three -Three-Line Strike candle stick pattern. On Weekly time frame also close crossed 20 SMA. The monthly trend is +ve & Weekly trend also Changed to +ve. On Weekly time frame, SMA-13>34>55. **
2022-07-25: Volume is highest in the past 6 Months. On Daily time frame SMA 13 crossed SMA-55 - From the Bottom. M/W/D RSI>60 - Daily RSI crossed - 3D Bk
2022-07-27: Everything is pointing +ve.
2022-07-28 High on momentum, Bearish Engulfing
2022-07-29 : ADX > 33, DI+ > 32, High on momentum - watch
2022-08-01: (100) ADX >35 DI+> 41 , Crossing 4 week High, Crossing WK Pivot Upside, Candlestick formation: Three Three-Line Strike
-- My analysis is may not be correct - pls spend time on your own research.
Add to watch list.
CENTURYTEX - Possible BOCENTURYTEX - after a month of consolidation trying to break the trendline. Add to watchlist -
2022-07-22 volume is Monthly high, crossed WK High and Monthly-Piv Upside. In Squeeze and today candle stick pattern is Three-Line Strike. in Daily/Weekly/Monthly time frames close is above SMA-20. The monthly trend is already +ve and the Weekly trend is changed to +ve today. Daily/Weekly time frames SMA 13 crossed SMA 55
2022-07-27 (802) Close crossed Monthly-Piv downside. Close is below Weekly 20 SMA.
2022-07-28 Again close is Crossing 4 weeks High and crossed WK & M-Piv Upside. In Squeeze from 3 days. Close crossed Weekly 20 SMA
2022-07-29 Overall Trend Changed to +ve Today. Still in Squeeze
2022-08-01 (843) High on momentum. The trend is +ve. About to break the trend line. --- Watch out.
KARURVYSYA : Sequence of Events - possible further upside Started observing from 18th, when closed at 47.30. (NR7 Breakout)
Entered the trade at 49.50 & still holding (58.7) - HIgh of 60+
18-07-2022: Today Crossed Weekly and Monthly Pivots Upside. On Daily/Weekly time frames Close is above 20 SMA, but on Monthly TF, below 20 SMA. Monthly trend is still -ve, but Weekly trend is changed to +ve. Today Close Crossed Daily SMA-13 Upside. Also Normal NR7 - Breakout
20-07-2022 : Volume is Monthly High. And Daily SMA-13 Crossed D SMA-55
21-07-2022 : Volume is 3-Months Highest. Close crossed 4 week High. On Monthly time frame, close crossed 20-SMA. Trend changed ot +ve on Monthly time also.
22-07-2022 : On Weekly time frame also Close crossed W SMA-13
26-07-2022: Today Volume is the highest in 6 Months. Price Crossed 50-SMA on Monthly time frame.
Very high on momentum and if sustains above 64.25 and breaks 67 - we can see further strong upside moveemnt.
My own understanding -- and this can go wrong (tukka). Please do your own analysis before investing.
AHLEAST - BO possibility? On 2022-07-20 : NR7 - Breakout
On 2022-07-25 : Close Crossed Weekly Pivot Upside
On 2022-07-26 : Crossing 4 week High & forming Doji Star
Currently In Squeeze from past 3 days
On Daily, Weekly, Monthly time frames - above 20 SMA
Monthly trend and Weekly trends are changed to +ve
High on momentum.
Add to watch list- incase if breaks 234.25 and sustains - we can 267 levels quickly.
Please spend time on your own research & analysis before taking any decision.
MANAKSIA - Will it break 6WK High?If the momentum sustains, Looking to break highs of 94 and 96.
Currently trading above D-20, W-20, M-20 SMA's
Also above D, W, M - 50 SMA's
Crossed Weekly and Monthly Pivots.
Current week high = 6 Week Back High.
Once cross this level - we should be able to see good momentum upside.
Pls add to the watchlist and do your own research before taking a call.
THOMASCOOK - will it sustain the momentumTrend Changed to +ve Today with good volumes
Crossing 4-week High
On Daily time frame and Monthly Time frame Close is above 20-SMA.
Price Crossed Upside 50-SMA on Monthly time frame
Also NR7 - Breakout on the upside.
High on momentum.
Add to watch list - trade as per your own study.