Watchout for trendline breakoutThe stock rallied from 747.5 to 764 as was given in my prior trade. Now watchout for trendline breakout above 764
RAMCOCEM trade ideas
Cup and Handle FormationThe stock is forming a cup and handle pattern and looks good for long above 747.5. Next resistance is around 764
Consolidate long term.This is a weekly chart.
Looks line 690 is a very strong support level (indicated by dotted blue line) but do not forget the top dashed red line which is downward sloping. If the upward trend has to be continued, it has to break that line with good momentum. Until then it looks like to be in a consolidation.
go clearthis scrip is religiously following this trend and today it resides at its support . can consider this in your watch list!
RAMCOCEM is Making Rectangle Channel Pattern (Breakout Trade)Ramco Cements Limited ( NSE:RAMCOCEM ) is Making Rectangle Channel Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
Ramco cement stock for long entryD BO done long entry can be taken above the price of 708 TGT level 730 SL 692 if stock sustain above the level of 735 then level of 755 can be seen.
always do trading as per your Reward to Risk ratio .The ideas sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the August month performance sheet. All trading ideas freely shared here for your education & support.
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RAMCO CEMENTS SWING ALERT!!NSE:RAMCOCEM
The stock is riding in a long term uptrend from its march lows. Possibility of a short term swing exists if it breaks the hurdles at 732 and 742. Price target is 766 and if any sudden breakout occurs it may reach 787.
RAMCOCEM, BREAKDOWN FROM SUPPORT & FIBO REJECTION (CHART# 303)WEAK BELOW : 674 (Watchout for Fibo support at 670)
FOR SAFE TRADERS : MORE WEAKNESS BELOW 668 (below Fibo support)
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Reach out if you wish to learn simplest form of price action and willing to put effort in practice.
Cheers!
Piyush Gupta
Ramcocem - Pure Price ActionThis had given a triangle pattern breakout and has come to the earlier resistance as support for first time and formed a green candle. This can be good buy opportunity.
Ramco cement stock for long entryStock of Ramco Cement is in uptrend & possibility of BO can be seen . Long entry can be taken after the BO or above the level of 694 for the target price of 727 with the SL of 682. All important levels are marked in the charts. Also stock has just cross the 20 EMA level & RSI Divergence is also the bullish sign . So add the stock in your watch list to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the free trading ideas performance sheet for the month of July-2020
drive.google.com
RAMCO CEMENTS INTRADAY BUY/SELL LEVELS10/08Please use 3mins chart if the script open and close within the Green and Red Line its high probability trade do not waste time if open Gapup and Gap down. Can Initiate position as per the direction.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
RAMCOCEM [ POSITIONAL ] BEARISH setupRAMCOCEM - 4 hours Chart
POSITIONAL SHORT
BEARISH HARMONIC PATTERN
One Right Trade's Swing Trade Idea #77 : Buy on RAMCOCEM Please do like and share the idea in case you find it good and follow it for further updates on it for benefit of everyone. Also, please comment if you have any feedback. This idea by one right trade is only for study purpose and is not a trading call.
