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....
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NSE:RAMCOIND
Don't rush to get in to the trade until and unless if you find weekly strong candle to close above 330 level.
Short term to long term holding can lead to target of 390.
In current week good volume came same like it was in Oct 2016.
Looks promising to buy for short term.
![RAMCOCEM: Simple Trade Setup | RAMCOCEMENT | 01-11-2021 [ INTRADAY]](https://s3.tradingview.com/x/xt9uMq8C_mid.png "Simple Trade Setup | RAMCOCEMENT | 01-11-2021 [ INTRADAY]")
