RAMCOCEM trade ideas
Ramcocement LONG (18 Oct)Ramcocement LONG (18 Oct)
Symmetrical triangle breakout
Above average volumes on Friday and today
Buy at CMP -1021
SL-980
Target- 1078, 1130, 1204
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Charts and views are only for educational purpose.
RAMCOCEM - Go Long - BreakoutRamco cement is looking for a breakout on a Daily time frame. All levels are marked on the chart for reference.
This is only for educational purpose.
RAMCOCEM... TRIANGLE BREAKOUT. A triangle breakout in Ramcocem means good news for cement stocks.
Looks good to go long in cement stocks.
consolidation along with triangle formationupcoming results, increase in cement price are added good things.
i am new if anything wrong please feel free to suggest the things.
this idea is purely for educational purpose
Ramco cement Flag & Poll pattern in Ramco Cement................................................................................................................
RAMCO CEMENT FORMING DESCENDING TRAINGLERAMCO CEMENT FORMING DESCENDING TRAINGLE, lets look for oppurtunity
The Ramco CementsIt respects the resistance and the resistance rejects the price movements to move forward. If it breaks the resistance it will move to 1200. If it breaks the support it will fall.
Ramcocement 1d chart analysisMy personal view on this.
There is one trendline give support to ramcocement stock.
That trendline is in weekly timeframe and stock is consolidate in daily timeframe as well near to trendline.
Whichever side it will break stock will give good return.
probablity is it can break upper side. NSE:RAMCOCEM
[ INTRADAY ] RAMCOCEM SHORT BET
risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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Ramco Cements - Favourable RR The stock seems good for a quick bet and the risk reward is also favourable. The stock has bounced off from trendline support which coincides with 200ema as well. There was a good gain in the commodity index yesterday and seems likely to be continued. Hence this can be a good bet.
ramco cem daily bullishas of now ramco cem took trend line sup cmp 976, daily morning star, looks like ddouble bottom also daily
Buy @ Support The scrip respected the support line many times and made it the strongest support line. Wait for this stock to hit the support, Go for long.
Note: Since it sharply respect the support ur stop loss can be very near to the support line and this makes this a Low-risk trade.....
Short term View on RAMCOViews are for educational purpose only. Please consult your financial advisor before taking any trade.
The Ramco Cement Only Short term Traders buy. very crucial level.
buyind side
buy @ 940 to 960
Target 1 : 1000
Target 2 : 1020
SL : 914 (Stoploss is must)
Selling side
Sell @ 988-1000
SL - 1035.1 (Day Closing Basis)
Target - 915/875
Wedge Breakdown - Ramco CementRamco Cement
Sell On Any Rise To 988-1000
SL - 1035.1 (Day Closing Basis)
Target - 915/875
50 MA Acting as support for Ramcocem on weekly chart50 MA Acting as support for Ramcocem on weekly chart
Expecting first target of 1088
Second Target 1126
SL 930 Weekly Closing basis
Do your own analysis before investing
