RAMCOIND trade ideas
#RAMCOIND 13% $return #RAMCOCEM #ULTRACEMCO #ACC #SHREECEM #STAR#RAMCOIND
NSE:RAMCOIND
CMP: 282.50
Target: 320
Stop Loss: 254
Time Frame: Approximately 2 months.
Factors:
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Higher Highs & Higher Lows.
Breakout above RESISTANCE levels
Trading at SUPPORT levels
Fundamental are strong.
Earnings report & quality strong
EPS Positive
Risk Return Ratio is healthy.
And
Rising from the Bottom to V Shaped Pattern to Flag Pattern forming
The stock might cross its all time high.
Compare with peers
NSE: ULTRACEMCO
NSE: RAMCOCEM
NSE: ACC
NSE: SHREECEM
NSE: INDIACEM
NSE: JKCEMENT
NSE: JKLAKSHMI
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With 💚 from Rachit Sethia
A long short term trade of RamcoA good breakout with a significant amt of volume indicates the stock to reach 300 levels in the coming days. One can even wait for a retest at resistance to buy the share at a discounted price for max profit.
Ramco Industries - CMP: 282It's moving in a channel and making higher high. Stock is in a bullish trend. After many days of consolidation and range bound movement, It has broken range with a good delivery volume. We can expect price movent till 300 in the near term. Also closing above 300 will confirm channel breakout and further, it can give a price target of 350 in the mid-term.
Learning Idea #Prem8 - Buy RAMCOIND above 219This may give a breakout above 219 from the ascending triangle consolidation
THIS IS NOT A TRADING IDEA
EDUCATION ONLY
I AM A LEARNER and may be TRADING AS WELL
Ramco Industries looking bullish Trend looking Bullish on the daily time frame. A close below 177 will be our Stop loss. Otherwise Targets can be 204. Long term 286. Cement sector also looking bullish .
RAMCOIND | goLONGweekly chart...
pure price channel based movement
blue circles are support points.
orange circles shows breakout & resistance.
strong support at 177 .
I suggest to go with breakout of upertrendline.
8 years breakout ( Investment Call) 8 years breakout
ichimoku is bullish ( not shown on chart)
safe to buy over 322 closing
can double from here
Ramco Industries - "BULLET" FireeeAccumulate 286-296
Target
310
330
350
SL below 260 CBSL
For Educational purpose only
Ramco IndustriesThe stock is breakout with a good set up. Keeping a SL of 272 on closing, can do well going ahead!
RAMCO INDUSTRIES - LONGRAMCO INDUSTRIES
Symmetrical Triangle B.O.
Target 360
Time frame 3 months
S.L. 253
RAMCO INDUSRIES-DEFINITE BUYAscending Triangle Setup.Buy above 254 for target shown in the charts.I am very bullish on this stock, as it has formed a Symmetric Triangle on weekly charts also, look below for weekly chart setup.Buy only on breakout on the upside. Ready to Blast.
Goodluck Trading!
