I am posting this from one of the follower's request on Twitter.
1) On daily time frame, we can see it took Good support from 50DMA and gave breakout of 1050 level.
If it gives dip till 1040/1050 level and takes support from it then it will be buying opportunity.
Target will be 1140.
Please refer below chart : 1day Time Frame....
The Ramco cement is in an up trend , Bullish sentiment are still there but it is on chart making a crucial support zone between 930 to 920 , keep an alert on this level as reversal setups on these zones are potential trades.
Good evening Friends
Today we are going to talk about RAMCOCEM The level to watch iS 1110. Remember we are only expressing our opinion on the stock there is no recommendation at al.For detailed analysis watch the video and provide your feedback so that we can improve ourself.
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Short Term Quick Profit
SL : 977
Timeframe < 60 Days
Can hold for longer time
BULLISH WEDGE BREAKOUT
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels