RAMCOCEM trade ideas
HEAD AND SHOULDER PATTERN ON RAMCO CEMENTS ON DAILY TIME FRAMEHEAD AND SHOULDER PATTERN ON RAMCO CEMENTS ON DAILY TIME FRAME
Ramco Inverse Head shoulders viewRamco Cements :
Looks ready for inverse Head
and Shoulders (INHS) Breakdown
Short below 948 with SL 965
Ramco Cements - HnS Breakdown ViewRamco Cements :
Looks ready for Head
and Shoulders (HNS) Breakdown
Short below 948 with SL 965
Rounding Bottom Formation in RAMCOCEMChart structure looks like RAMCOCEM forming a Rounding bottom pattern. Currently its trading near its bottom level of this pattern. Expected it will complete this pattern within upcoming few trading sessions. At 1090 level it will face the neckline(resistance). Here either it will breakout this neckline or possible slightly consolidate 1-2 trading session. In case successfully breakout of this level gives strong uptrend in this stock towards the new level.
RAMCO CEMENT - MEDIUM TERM BUYRAMCO CEMENT looks good on 1HR chart. ENTRY level 1000-1010. Target of 1100 and SL can be placed at 950. Risk reward ratio of 1:2.
RAMCO CEMENT Looks good !!!RAMCOCEM : cmp: 1042.15
A rounding bottom kind of pattern has been formed in daily chart.
BO possible near 1048 lvl.
So keep an eye !!!
TGT 1078/1098.25
Sl 995.4 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Ramco Cements - Ascending Triangle ViewRamco Cements :
Ascending Triangle Breakout Possibility
Long above 1050 with a SL 1000
Rounding Bottom pattern around ATHThe stock is making a rounding bottom pattern and looks good positionally above 1050 level
RAMCOCEM long Levels are given clearly on the chart
Disclaimer: This is not a investment/trade recommendation
RAMCO CEMNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
RAMCOCEM - BULLISH REVERSAL1) The stock touched 0.5 FIBO level upon break-out at 890 level
2) Exactly from this level the stock reversed and retested the 0.382 FIBO level and bouncing back
3) Refer chart for entry & SL
