📊 DETAILS
Sector: Cement
Mkt Cap: 22,440 cr
Ramco Cements Ltd is engaged in manufacture of cement, Ready Mix Concrete (RMC) and Dry mortar products. It primarily caters to the domestic market of India.
TTM PE : 80.14 (High PE)
Sector PE : 46.97
Beta : 0.73
📚 INSIGHTS
MID RANGE PERFORMER
Stock with medium financial performance with average...
Ichimoku Cloud Broken
Price Retraced After Good Upmove
All The Leading Technical Indicators Positive
Cement Stocks In My Buying Scanner
Buy Ramco At Cmp 902
SL - 860 ( Day Closing Basis )
Target - 1055/1135
NSE: RBLBANK is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 11% gain on...
Ramco Cement is forming a flag and pole pattern on the weekly charts and there is a bullish moving averages cross over.
Stock has been consolidating for a month and is trading in a 40 points range. The break out can give good 150+ points as per the measure target.
Indian markets are trading near the ATH and stock will follow the indices.
On the daily time...
NSE:RAMCOCEM
✅ #RAMCOCEM trading above Resistance of 934
✅ Next Resistance is at 1050
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This...
Ramco cements has been given 18 weeks of Insider Bar consolidation breakout and price is now consolidating above IB breakout level for last two weeks, keep this setup in radar for longs
RAMCOCEM:- Wait for breakout, strong support is at 765.80, keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the...
Chart is self explanatory.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Trying to form inverted head and shoulder pattern on weekly charts. Once the pattern completes around 800, long for target of 950 and above. Look for volume with breakout.
Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor...
This chart is self explainatory nothing much to write just writing for the sake of criteria. but make sure you take it only for educational purpose only.
We can go
Long in intraday above 730.60
Short in intraday below 719.40
Volumes are indicating more towards the Bullish side , but still, we can plan and trade both sides!
RAMCOCEM has formed extended head and shoulders on 1D chart along the 920 baseline. Breakdown from here can be significant hence caution suggested for longs. No fresh shorts yet as the trendline is not broken. If the baseline is broken, the stock can see a measured move fall toward 750.
