Rising Wedge is a bearish Pattern IF Ramco Cement Break the lower trend line we may further see much more selling this stock *Only for education purpose*
Ramco cement looks like going up for short span. but still in correction
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.
The Scrip is possibly moving for an Inverted HnS pattern and we may see a good upmove in this scrip. keep this in radar.
Ramco cements Head and shoulder breakout on hourly chart could be bullish on short term can be bought at a retest of around 615 Stay tuned for 640 and 650 on short term
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.
RAMCO CEMENT Cmp - 1028 Stop - 1000 Expectation - T1 - 1070 T2 - 1120, Review at 1120 Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2 View:- Swing/Investment
NSE:RAMCOCEM I am posting this from one of the follower's request on Twitter. Observations: 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....
There is a strong support at the level of 963, stock tested this level two times. . On Monday if stock goes below 960, we can short this trade for the target of 930. . What's your view on this comment below in the box.
Ramcocement LONG (18 Oct) Symmetrical triangle breakout Above average volumes on Friday and today Buy at CMP -1021 SL-980 Target- 1078, 1130, 1204 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Ramco cement is looking for a breakout on a Daily time frame. All levels are marked on the chart for reference. This is only for educational purpose.
My personal view on this. There is one trendline give support to ramcocement stock. That trendline is in weekly timeframe and stock is consolidate in daily timeframe as well near to trendline. Whichever side it will break stock will give good return. probablity is it can break upper side. NSE:RAMCOCEM
The scrip respected the support line many times and made it the strongest support line. Wait for this stock to hit the support, Go for long. Note: Since it sharply respect the support ur stop loss can be very near to the support line and this makes this a Low-risk trade.....
Ramco Cement Sell On Any Rise To 988-1000 SL - 1035.1 (Day Closing Basis) Target - 915/875
ramco cements chart analysis for intraday and swing trading
The Ramco Cements is attempting to breakout of a range formed over the last ~5 months. The stock breached the Supply Zone today and closed around the Supply zone. If it breaks above the level tomorrow and holds, can give a good upmove as it is nearer to it's ATH.
Ramco cement buy of any level 1000-1025 for tgt1075 1-3 days Stock is in bullish mode . parallel channel work