RAMCOSYS trade ideas
RAMCO SYSTEM TARGET UPDATE 20-7-2021Look fresh in range 610-650 for upside 800 / 1000 / 1500 med to long term with SL 470..!!!
RAMCOSYS: 186 Days of Consolidation BreakoutNSE:RAMCOSYS
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
15% in RAMCOSYS but risk is big 👑 Terms used if you don't know :
✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa until one of them wins
✣ Structure and trend: Two types of trends that exist in the market today are uptrends and downtrends. Each type of trend tells a different story and has its own impact on a trader's success in the market. While uptrends show a series of higher highs and higher lows, downtrends show lower highs and lower lows
✣Breakout: Breakouts are commonly associated with ranges or other chart patterns, including triangles( HERE WE WILL SEE THIS ONE ), flags, wedges , and head-and-shoulders. These patterns are formed when the price moves in a specific way which results in well-defined support and/or resistance levels. Traders then watch these levels for breakouts
✣ RSI DIVERGENCE: A bullish divergence occurs when the RSI creates an oversold reading followed by a higher low that matches correspondingly lower lows in the price. This indicates rising bullish momentum, and a break above oversold territory could be used to trigger a new long position.
✣ Supply/ Demand: In the supply zone , the prices are higher than the bid price, and in the demand zone , they are lower. The bid price is what a trader is willing to pay for a stock
👑 Important levels - explained well
👑 Comment your thoughts and queries regarding anything on this analysis of mine, feel free buddy :)
⌛ Motivational and psychological area ⌛
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only.
✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow
✣Don't lose hope and keep grinding
✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily.
✣Focus on the process, you are here to make money not stupid decisions and lose it all
✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market.
✣Believe in yourself :)
🎓🎓 Some info about me :)
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼I don't take all the trades I post
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
Ramco System - Go for short if breaks lower supportNSE:RAMCOSYS
The stock is making lower lows on daily time frame. Short it for Tgt 530 and 520 for short term.
Please share with your family and friend if you like the idea to go long. This chart is only for education purpose. Consult with your financial advisor before making any investment.
RAMCO SYSTEMS (RAMCOSYS) BREAKOUT WITH HEAVY VOLUMERamcosys has given brekeout and would at least reach to previous swing highs.
Resistance Zone of 570Region Broken with Volume and Big Bullish Candle after accumulation.
we can look for Recent Targets of
T1-646
T2-684
T3-783
SL-525
Ramco Systems Potential Breakout upto 20% upWith good Volume can keep a target of 760 for short and 800 for long term.
It is for educational purpose only.
RAMCOSYS: Breakout from 163 Days of Consolidation
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
On the verge of breakout ✌✌This scrip is nearly 3-4 Times to break the resistance I hope this time it will break the resistance. So traders keep on your radar to catch the momentum.
RAMCO SYSTEMS SOON coming at 600 levelsRAMCO SYSTEMS SOON coming at 600 levels
FIb LEVELS GIVEN AS PER CHARTS, we will soon see Ramcosystems seeing at 620 levels by next week
RAMCOSYS Long Swing The stock was in a downtrend since 13th Jan. The stock gave a trend-line breakout on 18th May, and is consolidating in a tight range.
following are my confirmations for a long swing trade: trend-line breakout, support over 50 EMA.
I am long for a swing with the following targets.
NSE:RAMCOSYS
Buy Ramco SystemsBy Defending its psychological support of 500 level and Moving Averages RAMCOSYS can go high up again.
RSI showing Bullish Divergence of Daily Charts and Volumes are dried up. Today is the lowest volume in the last 45 days which signifies that sellers could not pressurize more selling.
Did Bottom Fishing And Captured 8%The Call Was Given Yesterday .
Look At The Magic Of Harmonic .
Captured More Than 8%.
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