RAMCOCEMFollow for latest updates
CMP- 667
Buy above 672 with the stop loss of 660
Targets- 678, 680, 682
RAMCOCEM trade ideas
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
#Ramcocement, Long As per the Price Action - Ramco is looking for long on weekly basis Hourly is little doubtful if goes below 600 then can go till 580 but overall it is good for long
Short Ramco CementShort Ramco Cement on basis of
1. Trend Continuation Pattern,
Stop and targets are as mentioned in charts
Ramco Cements may pause from here - Strong Bearish ClosingNSE:RAMCOCEM may pause its uptrend from here. It is clearly under selling pressure today, as it has seen some strong bearish close going into the close.
Ramco Cement, Price action Long SetupOn cross of 620 levels, as a very nice healthy pullback will be confirmed
Monthly Resistance breakout will also be confirmed.
One can easily go long for target of 690-700 without any hurdles
Ramco cement to be taken from long from current levelFor Ramco cement is getting ready for the breakout from the level . since last few days this stock is struggling to cross the Resistance level.
Add the stock in your watch-list & ready to taken for long once the line has been broken on the charts.
RAMCOCEMTake trade based on your analysis
Buy/Short just above/below the marked line.
Typically for intraday start trailing your stop loss from 0.5% towards target
Stoploss is based on your capacity
I usually hedge towards the stoploss direction
if price opens between the target and entry line, I usually dont trade that scrip.
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