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RAMCOCEM

RAMCOCEM is Making Rectangle Channel Pattern (Breakout Trade)Ramco Cements Limited ( NSE:RAMCOCEM ) is Making Rectangle Channel Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for INTRADAY traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern. And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High. Target and StopLoss are never already fixed in the chart pattern. Thank you. You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit. Chart Published By Ravinder Sharma
NSE:RAMCOCEM
by R_Sharma
Ramco cement stock for long entryStock of Ramco Cement is in uptrend & possibility of BO can be seen . Long entry can be taken after the BO or above the level of 694 for the target price of 727 with the SL of 682. All important levels are marked in the charts. Also stock has just cross the 20 EMA level & RSI Divergence is also the bullish sign . So add the stock in your watch list to see the price action movement of the stock. Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask. Watch the free trading ideas performance sheet for the month of July-2020 drive.google.com
NSE:RAMCOCEMLong
by Tech_stock_trader