Ramco Cement is forming a flag and pole pattern on the weekly charts and there is a bullish moving averages cross over. Stock has been consolidating for a month and is trading in a 40 points range. The break out can give good 150+ points as per the measure target. Indian markets are trading near the ATH and stock will follow the indices. On the daily time...
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.