RATNAMANI trade ideas
DAILY SWING CALL // Thursday 25th of February 2021 / RATNAMANIDAILY SWING CALL // Thursday 25th of February 2021 / NSE:RATNAMANI
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 1863
TARGET: 2142+ (15% Around)
STOP LOSS: 1676 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
#RATNAMANI WEEKLY CHART VIEW!!#RATNAMANI WEEKLY CHART VIEW!!
Ratnamani Metals & Tubes Ltd. The stock price trading with a positive bias within a triangle formation.
Technically 1450-1650 are support and resistance respectively.
Breakout expected to unfold further momentum clarity for nearnear future.
Ratnamani Met & TbsTraingle Breakout & Channel (maroon) Breakout however part of the bigger channel (orange)
Self Explanatory after the breakout as indicated. Let's just watch which arrow path does it take for flying?
Stop loss based on your risk appetite, but should be mandatory.
Ratnamani- Trendline Breakout With ConsolidationThis stock is breaking a trendline which it has already tested thrice. And most important thing to consider is this is the first time it closed above 1330 and that is with the closing near it's high.
Some other points to consider is:-
1) Consolidated before breakout for good 4-5 weeks.
2) Volume was gaining while consolidating.
3) Today's Closing with high volume shows some good interest of buyers.
Weekly chart for the reference:-
I hope it will help someone in the community to understand.
Keep an eye ladies and gentleman.
Cheers and Happy Trading.
#RATNAMANI WEEKLY CHART VIEW!!#RATNAMANI WEEKLY CHART VIEW!!
Ratnamani Metals & Tubes Ltd. Candle stick DOJI pattern clearly visible with in rising channel.
Technically its an indecision pattern. Trade with caution.
1220-1200 should consider as immediate supports and 1300-1310-1340-1350 are as resistances.
#RATNAMANI WEEKLY CHART VIEW!!#RATNAMANI WEEKLY CHART VIEW!!
Their is no major change witnessed in the overall trading sentiment.
Price is trading with in rising channel.
As of now 1310 - 1335-1350 should be considered as resistances, where as 1223- 1210 - 1200 - 1175 are standing as supports.
Long @ 1177.95Very steady long term compounder.
Fundamentally strong.
Broke weekly key very, with candle rejecting key level, on smaller tf like daily it has broke a very tight and decent base.
#fridaylash
Ratnamani Metals & Tubes Ltd. - WEEKLY CART VIEW!!Ratnamani Metals & Tubes Ltd.
The stock price formed Candlestick doji pattern.
Technically Price traded with in 100 points in this week, where 1180 -1200 re should consider as weekly high and resistance and 1088 should consider as intraweek low and support.
Breakout of this mentioned support and resistance zone expected to unfold fresh momentum
RATNAMANI Consolidation Continues........It is continue to consolidate in the range of 840-940. breakout at 940 can rally upto 1000-1020 which is at 200 DMA.
RATNAMANI is holding 200 DMAThis is stock is currently in accumulation phase, one can buy on every dip. it is holding 200 DMA for the last few weeks. we can buy at 200DMA levles and hold it for long term.
a good technical buildup with the fundamentalsrecently kotak and l&t have been buying from open market into this scrip also supporting the theory of accumualtion..
disclaimer... not an investing/tracking recommendation
Another Break-out Stock awaiting for a killer Move.....!!!Ratnamani Metals is poised for a much awaited weekly break-out..Yes you heard it right a weekly breakout in accordance with RSI break-out. Perfect Recipe to own this stock for healthy gains .CMP 800;would recomend to buy between 788-800 Stop loss would be 760 and Target could be anywhere between 880/900.
Ratnamani H&S BreakoutMassive consolidation pattern in ratnamani on daily time frame. We could get a massive rally coming in this one. Will be an excellent buy on the pull back.
