4 Stocks. 4 Stories. Here's How I See Them Without Predictions..Purely chart-based view. No bias. No advice. Just how I interpret these right now
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0.14 INR
227.55 M INR
10.48 B INR
808.88 M
About RAMA STEEL TUBES LTD
Sector
Industry
CEO
Richi Bansal
Website
Headquarters
New Delhi
Founded
1974
ISIN
INE230R01035
FIGI
BBG009T004H1
Rama Steel Tubes Ltd. engages in the manufacture and trade of steel pipes. It operates through the Electric Resistant Welded (ERW) and Submerged Acr Welded and Seamless (S and S) segments. It also offers telecommunication transmission tower and substation structure, structural steel products, and coils and sheets. The company was founded by Harbans Lal Bansal on February 26, 1974 and is headquartered in New Delhi, India.
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RAMASTEEL (Rama Steel Tubes Ltd)- Analysis Bullish Levels -if sustain above 10 (early entry risky) then 12(safe entry if sustain above this for a week) first target can be around 16 if sustain above for a week or two then we expect more upside and wait for targest around 21 then 26 and last stop would be 31?
Bearish levels :- if sustain
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed t
Rama Steel Tubes: Double Bottom Near Breakout – Potential Upside"Rama Steel Tubes: Double Bottom Near Breakout – Potential Upside Ahead"
Stock: Rama Steel Tubes Ltd.
Analysis:
Rama Steel Tubes is showing promising technical and fundamental signs of an upcoming bullish move. The stock has corrected to fill a previous gap and has now formed a double bottom patte
Turning Bullish: Rama SteelRama steel has decisively broken the 12 levels.
The same level was tested on first week of August.
There was a strong pullback to previous levels of 10 -11.
However, this level was broken (20 EMA > 50 EMA)confirmed by volume as well.
The volume has been steadily increasing.
However, we need to watc
news base oppotunitynews:
the company entered into a partnership with Onix Renewable Ltd. to supply steel structures and single-axis trackers for solar energy projects, with plans to eventually expand into dual-axis trackers.
Onix Renewable Ltd., the partner company, is involved in various sectors of renewable energy
bounce incoming? looks like ramasteel reached a good level to bounce
Company has reduced debt.
Company has delivered good profit growth of 28.3% CAGR over last 5 years
Company is into manufacturing and trading steel tubes and pipes and galvanised iron pipes. Its product range includes MS ERW black pipes and galvan
Buy Ramasteel for a target of 16Buy Ramasteel for a target of 16 in 6 months, can be held for a longer time, looks to be on the up trend
RAMA STEEL TUBES GOOD FUNDAMENTAL STOCKSTotal view is for learning not buying recommendation profit yours loss yours
if u enter please male stoploss at target 1 and 2
Rama Steel TubesTaking support at a long ascending trendline, I believe the retracement here is over.
Continuing the Dow Theory, the stock should make a new ATH.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of RAMASTEEL is 12.31 INR — it has increased by 1.32% in the past 24 hours. Watch RAMA STEEL TUBES LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange RAMA STEEL TUBES LIMITED stocks are traded under the ticker RAMASTEEL.
RAMASTEEL stock has fallen by −3.30% compared to the previous week, the month change is a 9.71% rise, over the last year RAMA STEEL TUBES LIMITED has showed a 3.27% increase.
RAMASTEEL reached its all-time high on Sep 9, 2024 with the price of 17.51 INR, and its all-time low was 0.24 INR and was reached on Mar 27, 2020. View more price dynamics on RAMASTEEL chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
RAMASTEEL stock is 5.73% volatile and has beta coefficient of 0.92. Track RAMA STEEL TUBES LIMITED stock price on the chart and check out the list of the most volatile stocks — is RAMA STEEL TUBES LIMITED there?
Today RAMA STEEL TUBES LIMITED has the market capitalization of 19.13 B, it has decreased by −7.60% over the last week.
Yes, you can track RAMA STEEL TUBES LIMITED financials in yearly and quarterly reports right on TradingView.
RAMASTEEL net income for the last quarter is 68.45 M INR, while the quarter before that showed 55.02 M INR of net income which accounts for 24.39% change. Track more RAMA STEEL TUBES LIMITED financial stats to get the full picture.
RAMA STEEL TUBES LIMITED dividend yield was 0.00% in 2024, and payout ratio reached 0.00%. The year before the numbers were 0.00% and 0.00% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. RAMA STEEL TUBES LIMITED EBITDA is 290.20 M INR, and current EBITDA margin is 2.77%. See more stats in RAMA STEEL TUBES LIMITED financial statements.
Like other stocks, RAMASTEEL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade RAMA STEEL TUBES LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So RAMA STEEL TUBES LIMITED technincal analysis shows the neutral today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating RAMA STEEL TUBES LIMITED stock shows the buy signal. See more of RAMA STEEL TUBES LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.