sell ramco cementit has formed bearish bat harmonic pattern. it may retrace till 0.38%-0.50% of point CD.
RAMCOCEM trade ideas
Long RamcoCemPrice Sustaining above Prev Day high / Price BO of Cloud Top / Chikou Free and Clear / Future Kumo Bullish / Bullish on All TF
Sl Prev Swing Low 990
TGT 1200 / 1325
Bull Gang is on the way - Ramco CementsNSE:RAMCOCEM had been taking supports over T1 and facing resistance against T2 while crafting a flat bottom triangle pattern. Now, it looks like it is ready to give a successful breakout (T2) and kick in the bull gang.
One may initiate a long position with a stop loss below 948.
Like, Follow & Share for new updates.
THE CONCRETE STRUCTURE IS COLLAPSINGLittle room left to doubt the imminent collapse. If one is staying in that house,LEAVE-Find another one for the time being-rentals will be saved! Ending diagonal in B of ABC on the verge of completion. SELL ON BREAK OF LOWER LINE.USE sl according to one's own risk management system.Once price moves in your favor,hedge with OTM CE & trail sl EOD. STATUTORY WARNING: Trading is fraught with risk.Use your own method/analysis/judgement-this is mine & not any trade recommendation. SPARE A LIKE IF U LIKE.
Stocks to BUY / SELL for 28 June to 02 JulyThe key levels to watch out for trading next session are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels.
For the accurate levels, Follow me on trading view and Insert this indicator from library or from my profile under Scripts.
Happy trading.
The Ramco Cements - Stock on the verge of a BreakoutThe Ramco Cements is attempting to breakout of a range formed over the last ~5 months. The stock breached the Supply Zone today and closed around the Supply zone. If it breaks above the level tomorrow and holds, can give a good upmove as it is nearer to it's ATH.
Ramco Cements - Double Bottom ViewRamco Cements :
Double Bottom Breakout Done
Long above 1030 with a SL 1013
#RAMCOCEM CMP1024 #TARGET 1152 #RAMCOIND #ITDCEM #SHREECEM #Iot#RANCOCEM
NSE: RAMCOCEM
Short Term Quick Profit
CMP 1024.30
Target 1152
SL : 977
Timeframe < 60 Days
Can hold for longer time
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
Ramco cement long ideaRamco cement buy of any level 1000-1025 for tgt1075 1-3 days
Stock is in bullish mode . parallel channel work
RAMCOCEMENT NEAR BREAK OUTLOOKING GOOD FOR DELIVERY TRADE ABOVE 1012
FOR TARGET 1 1043 IF BREAK AND SUSTAIN
TARGET 2 1110
STOP LOSS 981 (STRICT EXIT)
*************SUGGESTION IS ONLY FOR DELIVERY***********
Multiple Trade confirmation- RAMCOCEM- Type of trade- Swing Trading.
1) Entry: 995 to 1001 2) SL: 75 3) Target- 1030
4) Time Target- 5 to 20 Days
----------------------------------------------------------
-Multiple confirmation from Moving average
- Respecting support as it has tested support level 3 times since Feb'21.
-Triangle Breakout in day timeframe
- Double exponential MA confirmation
- Crossed MACD
- RSI is currently at 58.60
------------------------------------------------------
This is just a study and I have all right to be wrong. Kindly do your own study before entering in this trade.
Note- Add in your watchlist and keep a track on it. I have added multiple indicator and studies to find the additional confirmation.
I follow only 2 indicator which gives me decent Risk Reward. Exceptions for gap up and gap down.
Ramcocem - Triangle breakoutPrice forming triangle pattern and it is expected to break the resistance and move up.
Ramco Cem Head & ShouldersRamco Cem doing Head & Shoulders Pattern In Day TF and in good Demand Zone too Waiting for Either Breakout or Breakdown. Observe and Act accordingly.
