RAMKY - Ichimoku Bullish Breakout Stock Name - Ramky Infrastructure Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 385
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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Ramkyanalysis
RAMKY - Multi year breakout stock - Monthly/Weekly ChartThe analysis is done on Weekly and Monthly TF hence price may take few weeks to few months in order to reach the targets.
Below is the monthly timeframe chart for broader picture -
Trade setup is explained in image itself.
Targets are calculated for different patterns shown in chart - by calculating the max depth from the resistance and then copying it above the resistance neckline.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
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