#RANCOCEM NSE: RAMCOCEM Short Term Quick Profit CMP 1024.30 Target 1152 SL : 977 Timeframe < 60 Days Can hold for longer time Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading...
Ramco cement buy of any level 1000-1025 for tgt1075 1-3 days Stock is in bullish mode . parallel channel work
LOOKING GOOD FOR DELIVERY TRADE ABOVE 1012 FOR TARGET 1 1043 IF BREAK AND SUSTAIN TARGET 2 1110 STOP LOSS 981 (STRICT EXIT) *************SUGGESTION IS ONLY FOR DELIVERY***********
Price forming triangle pattern and it is expected to break the resistance and move up.
Ramco Cement seems to be forming a flag pattern on a 15 min tf. If the flat is taken off, we can see a rally of 100 points upto Rs.1100/-
#RAMCOIND NSE:RAMCOIND CMP: 282.50 Target: 320 Stop Loss: 254 Time Frame: Approximately 2 months. Factors: Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Higher Highs & Higher Lows. Breakout above RESISTANCE levels Trading at SUPPORT levels Fundamental are strong. Earnings report & quality strong EPS...
A good breakout with a significant amt of volume indicates the stock to reach 300 levels in the coming days. One can even wait for a retest at resistance to buy the share at a discounted price for max profit.
Chart structure looks like RAMCOCEM forming a Rounding bottom pattern. Currently its trading near its bottom level of this pattern. Expected it will complete this pattern within upcoming few trading sessions. At 1090 level it will face the neckline(resistance). Here either it will breakout this neckline or possible slightly consolidate 1-2 trading session. In case...
buy above 1047 keep sl below 1040
Looks attractive at current levels with good R:R
I will buy RAMCOCEM because : It has been taking support at the trend line . It has touched the support. So will be looking at buying opportunities. If it breaks the support look at shorting Entry : 777 Target : 909 Stop loss : 748
Technicals: 1. Made a double bottom 2. Breakout with a good volume with a single candle. 3. RSI convergence Three different indicators pointing in the same direction give the trade the power of confluence. However, the entry should be made only after a successful retest. The target can be decided with the help of the Fibonacci tool as it will be making new highs...
#RAMCOCEM CUP & HANDLE BO Details in chart.