Positional TradeRamco Systems
CMP 490
Buy on Dips till 410
SL CLB 375
Targets 700 & 890
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Rdgs,
Naresh G
Sebi Reg.RA
Next report date
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Report period
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EPS estimate
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Revenue estimate
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−22.20 INR
−2.42 B INR
5.26 B INR
13.63 M
About RAMCO SYSTEMS LTD.
Sector
Industry
CEO
Subramanian Sundaresan
Website
Headquarters
Chennai
Founded
1998
ISIN
INE246B01019
FIGI
BBG000D3WJW6
Ramco Systems Ltd. engages in the provision of multi-tenanted cloud and mobile-based enterprise software solutions and services. Its products include Aviation Software, ERP, Global Payroll and HR Solution, and Logistics Software. The company was founded by Poosapadi Raja Venketrama Raja on February 19, 1997 and is headquartered in Chennai, India.
RAMCO SYSTEM SET FOR BIG RUNRamco system today gave ascending triangle breakout on weekly charts. Stock gave 52 week high closing with good volume. Expected to test 700 at least in medium term and break all time high in next 12 month.
Triangle Breakout + Retrace - RAMCOSYSRAMCOSYS has retraced after a breakout from the traingle pattern and is expected to move upward. CMP - 416.3 TARGET - 456 which is 11% from the current price.
70% Upside Possible In Ramco System Looking Very Strongresistance + Trendline breakout with very high volume
strong closing above all major resistance area
adx rising and macd crossover done with strong momentum
this will give decent return in coming months
RAMCOSYS...WEEKLY after yrs of consolidation , finall price coming out of ema contration.
major upside can be seen.
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 that
Ramcosys 30% move possible on upcoming months Triangle breakout
Weekly closing need above 380 to good move
Horizontal line breakout
Swing trade
Positional trade
Patience is imp
NSE:RAMCOSYS
Ramco SystemsEnter positionally @300 around. Add dips. stock seems ready for upside.
No SL from my side .
Disclaimer: --- this is my portfolio pick @310... taken 140 quantities.
Ramco- ApnaRamco- Apna
1) Respect Trendline
2) Seems Accumulation
3) Bullish Engulfing + VOlume
4 ) Bugger Timeframe trendline may break up
RAMCOSYS seems bullishRAMCOSYS has broken a year long Cup and Handle pattern and can give 10-15% return. Enjoy.
Note - I am not a Financial advisor just a predictor and it is just a prediction done by me. So trade carefully. Do your own research before putting YOUR money in market. Have a good trading day.
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of RAMCOSYS is 481.55 INR — it has decreased by −1.25% in the past 24 hours. Watch RAMCO SYSTEMS LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange RAMCO SYSTEMS LTD. stocks are traded under the ticker RAMCOSYS.
RAMCOSYS stock has fallen by −3.11% compared to the previous week, the month change is a 16.67% rise, over the last year RAMCO SYSTEMS LTD. has showed a 68.82% increase.
We've gathered analysts' opinions on RAMCO SYSTEMS LTD. future price: according to them, RAMCOSYS price has a max estimate of 500.00 INR and a min estimate of 500.00 INR. Watch RAMCOSYS chart and read a more detailed RAMCO SYSTEMS LTD. stock forecast: see what analysts think of RAMCO SYSTEMS LTD. and suggest that you do with its stocks.
RAMCOSYS reached its all-time high on Aug 5, 2015 with the price of 1,113.00 INR, and its all-time low was 38.15 INR and was reached on Mar 4, 2009. View more price dynamics on RAMCOSYS chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
RAMCOSYS stock is 3.70% volatile and has beta coefficient of 0.95. Track RAMCO SYSTEMS LTD. stock price on the chart and check out the list of the most volatile stocks — is RAMCO SYSTEMS LTD. there?
Today RAMCO SYSTEMS LTD. has the market capitalization of 17.90 B, it has increased by 1.64% over the last week.
Yes, you can track RAMCO SYSTEMS LTD. financials in yearly and quarterly reports right on TradingView.
RAMCO SYSTEMS LTD. is going to release the next earnings report on Jan 29, 2025. Keep track of upcoming events with our Earnings Calendar.
RAMCOSYS earnings for the last quarter are −2.70 INR per share, whereas the estimation was −3.40 INR resulting in a 20.59% surprise. The estimated earnings for the next quarter are −4.20 INR per share. See more details about RAMCO SYSTEMS LTD. earnings.
RAMCO SYSTEMS LTD. revenue for the last quarter amounts to 1.43 B INR, despite the estimated figure of 1.38 B INR. In the next quarter, revenue is expected to reach 1.43 B INR.
RAMCOSYS net income for the last quarter is −97.39 M INR, while the quarter before that showed −196.51 M INR of net income which accounts for 50.44% change. Track more RAMCO SYSTEMS LTD. financial stats to get the full picture.
No, RAMCOSYS doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Dec 15, 2024, the company has 1.85 K employees. See our rating of the largest employees — is RAMCO SYSTEMS LTD. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. RAMCO SYSTEMS LTD. EBITDA is 137.49 M INR, and current EBITDA margin is −26.72%. See more stats in RAMCO SYSTEMS LTD. financial statements.
Like other stocks, RAMCOSYS 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 RAMCO SYSTEMS LTD. 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 RAMCO SYSTEMS LTD. technincal analysis shows the buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating RAMCO SYSTEMS LTD. stock shows the strong buy signal. See more of RAMCO SYSTEMS LTD. 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.