Ramco Cement Ramco Cement - Could take trade based on how it react for trend line which is acting as resistance since 19th June
Analysis is only for educational purpose
RAMCOCEM trade ideas
A break in Upward channel. Can we enter long?NSE:RAMCOCEM
I Think there is a break out in upward channel. So, right time to enter long?
Ramco CementRamco Cement - Breakout happen yesterday, today there was opportunity for intraday
Refer my earlier Post
Analysis is only for education purpose
Ramco Cements - Neutral - A good look for intradayRamco is now at the highest point since the COVID fall. The move up was a strong one today with increasing volume.
Reasons for being neutral:
1) It is at the swing high now, if it breaks it and the immediate Fibonacci resistance, we can see long above 680 but strictly only till 690. RSI broke the resistance at 60 as well
2) Now if it doesn't break the swing high and opens in the red, we can look to short with small stop loss of the Fibonacci level (680) or short on reversal from 680 looks good
3) As always, do not jump into transactions if there is a big gap up or gap down. Same here, if the opening is blunt, we will have a chance to transact either side
Long above 680 for strictly 690 or lower. Strong resistances above
Short view if opens red. Keep trailing every 0.5% fall.
#Disclaimer: Consult with your financial advisor. Stop loss essential as per your appetite. Trail diligently
RAMCOCEM - LONG SETUPVery good spot to trade, since we can capture the initial momentum. This can breakout tomorrow if market is positive.
Ramco Cements - Potential BreakoutOn the verge of breaking out. Long above 680 with a SL below 660. Could give a sharp short term move once it breaks out.
RAMCOCEMFollow for latest updates
CMP- 667
Buy above 672 with the stop loss of 660
Targets- 678, 680, 682
RAMCO BUY 645.5 TARGET 665.5 buy in given price, Before taking any decision, please consult your personal advisor
RAMCOCEM, GETTING READY FOR UPMOVERAMCOCEM is forming lose ascending Triangle pattern in hourly TF and looks bullish post 664. It can give this move tomorrow or this week. Must have on your watchlist.
Price action trading is a process of using price to analyze stock possible movement. Keep your charts as simple as possible so that you keep focus on most important element on chart "PRICE".
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Reach out if you wish to learn simplest form of price action and willing to put effort in practice.
Cheers!
Piyush Gupta
RAMCO CEMENT Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
200MA acting as resistanceClosing above above previous high and 200 MA will help the stock to move higher.
RAMCOCEMRAMCO CEMENT -- POSITIVE PATTERN
CANDLESTICK PATTERN - BULLISH HARAMI ( BULLISH REVERSAL)
RSI - 56.17
CCI - 58.18
BOLLINGER BANDS - 623.22
STOPLOSS - 595(SHORT TERM)..585( MEDUIM TERM)
TARGET - 650 (SHORT TERM)... 670 (MEDIUM TERM)
LONG TERM VIEW - POSITIVE AS A INVESTMENT ( BUY ON DIPS)
RAMCO CEMENTS - Short Term positional callRAMCO CEM is in uptrend. The stock had hit levels of 664 earlier and had bounced back. But has been range bound.
The stock and market both have shifted to uptrend so look at a buy opportunity at 641 and sell at around 710 in 7-9 days.
Stop loss at 610
Note - Do your market research carefully, and trade well. This is NOT an investment or trading advice.
RAMCO cement long call flag breakoutBUY RAMCO CEMENT AROUND 628 TO 631 RANGE , STOP LOSS 589 TARGETS 666 , 698.
Flag braeakout with volume
Ramco Cements - Breakdown - Descending TriangleRamco Cements has broken below from a descending triangle pattern.
Initiate Short.
Target 1: 580
Target 2: 570
Stop Loss : 622
