ramco stock is in up trend
and giving a fresh break out
one can look into the stock at current levels
for target towards 720/740
RAMCOCEM trade ideas
Ramco Cement can build some profit for you! Heading upwards perfectly taking support of parallel trend channel. Already trading above downward trend line!
Upward breakout above 700 levels to show some more gains up to 715 levels in short term.
1. Expected Boost For Cement Industry "Ramco Cement"Ramco Cement: Accumulate Qty for Mid term and Long Term.
Time Duration 6-10 Months Target 775-839-905 Cmp 689
Reasons:
Government's policies are expect to give a big push to development of Roads and Highways, Railway Projects, Smart Cities Development, etc..
Low Debt, Management focus to increase market share
Ramco Cement Sell on Rise The stock is on short term pull back so sell on rise with Stop 704 for Target 661/663.50
Cheers
RAMCOCEM Long positionalNSE:RAMCOCEM
RAMCOCEM Long positional
Entry @ 636
Stop Loss @ 625
Target 1 648
Target 2 660
Short Ramco CementShort Ramco cement in the range of 578-580.
Stop loss 585.
Target - 562
Trade is active.
