The Scrip is possibly moving for an Inverted HnS pattern and we may see a good upmove in this scrip. keep this in radar.
NSE:RAMCOCEM Stock -> Ramco cements TimeFrame -> Weekly Hello all! Ramco cements has been following and respecting its lower trendline and then further started moving in a channel. It came back to its lower channel trendline and bounced back. It now stands at a crucial resistance zone. The breakout of this zone would make for a good opportunity to go...
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!
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
The Ramco Cements Ltd - 05.12.2021 The stock is trading @ 950 levels The prices are below ema The stock is trading under a Channel Range There is a Doji in weekly chart Stochastic Bullish Divergence in Weekly Chart let the prices go above 981 levels watch out for the price action
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....
Ramco Cement Sell On Any Rise To 988-1000 SL - 1035.1 (Day Closing Basis) Target - 915/875
Note: This is for educational purpose only and do not trade F&O options based on this analysis. There seems to be a bullish breakout post W pattern formation with high volume. Similar breakout can be seen on RSI as well. RSI above 65 indicates bullish momentum. SL: 850₹
After a good retracement stock is trading at support and RSI is making HH. Long - If RSI trades above 50 T - 900 Disc: Not a trading recommendation. Educational purpose only.