RAMCOCEM trade ideas
RAMCO CEMENT INVSTMENT/TRDING IDEA. FOR 60 %..BUY TRIGGERS LOWBUY ORDER TRIGGERS NEAR 800- 750 RANGE FOR A TRGT OF 1313...60% RETURNAS.. 6 MONTHS TIMEFRAME
RAMCOCEM - Bearish flag formation in an hourly chartHi Swing Traders,
After a nice upside run, RAMCOCEM has formed a nice bearish flag (in a perfect channel form). It might retrace to re-confirm the first break-down point. Rest is drawn in the chart for the probable future direction.
I hope you will benefit from this knowledge
-MetaVish
RAMCOCEM, READY TO FLY WITH THIS CEMENT SEC STOCK (CHART# 381)RAMCOCEM has given very good breakout and is near to 900 (psychological resistance). If this manages to stay afloat above 890-900, then it has very good potential to move tomorrow & coming days.
If this after 30-40 move, give a pullback and take 880-885 as support then it will give us double confirmation to enter.
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators. Reach out if you wish to learn powerful technical analysis based on simple price action.
Thanks
Piyush Gupta
Ramco cementsOn daily following a channel. Recently broke out on resistance with good volume. Gonna retrace back and move ahead as shown.
Ramco : Investment Opportunity NOVEMBER 2020 PICK :
Accumulate between 800~860 levels on pullback after BO
With SL on DCB below 750
Expecting 1300+, 1500+ in 6 to 15 months
NSE:RAMCOCEMRAMCO CEMENTS (WEEKLY CHART) :- BUY AT 880 WITH SL 740 WCB FOR TARGET 1200++
#Disclaimer:-I just shared view for only educational purpose.
Stock for long term investment The ramco cements is trading near all time high and about to break the resistance. It can be a good pick for long term portfolio from here.
#RAMCOCEM CASH : LOOKS BULLISH ABOVE 841#RAMCOCEM CASH
11.04.2020
LOOKS GOOD ABOVE 841 AND DIPS 825-830
STOPLOSS 818
TARGET 864/888
CMP 835.85
Intraday / Swing Setup: Can touch 815 soonIntraday / Swing Setup: Can touch 815 soon. For detail analysis and trade setup please follow me. Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor before investing or trading.
