RAMCO INDUSTRIES.. Continues in uptrend since Mar 23 making HH-HL ON CHART. Vcp is seen with increase in volatility with decrease in volume. Buy above 180 Sl 170 Tgt 186-199-211-223 as per fib level
1 share price trading undervalue 2 above 200 dma 3 short term breakout 4 technical breakout stock 5 Good cash flow operation 6 Company reduced dedt
NSE:RAMCOIND Formation of Downward Sloping TrendLine. The Stock may move upwards after a break out above 144 or it may retest the bottom of the channel. Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits...
UPSIDE POTENTIAL - 15% TO 20% SHOWING BULLISH BEHAVIOUR Volume Analysis SWING Trading
Reason for long a) Head and shoulder pattern in daily time frame b) pin bar and subsequent bar has less bear volume. c) more over, it is channel breakout as well. Duration 5 days with 5% SL and 5% as target. Good risk reward zone.
Reason for long a) Consolidation breakout play b) Volume and price spurt
Reason for long a) weekly pull back zone b) Long term support at pull back zone
Personal buy, might not be a good conviction but moon is the limit if it crosses the high
SL compulsory Duration 5 days Cement sector is growing. All cement stock are rallying pre budget rally
Ramco Industries Broken Range Now It can move towards 315/320/366(targets)
buy ramco industries near 255 with stop loss 230 for 20 % gain in near 2-3 month
NSE:RAMCOIND looks ready for a breakout. Observing what it would do next. Lokks good above Rs308 to enter. Many of the Ideas below have given good breakouts, kindly check and let me know your views
Stock is gaining relative strength against BSE SMALL CAP INDEX. Fundamentally good stock is making new highs. Currently in narrow support and resistance zone therefore would be worth to watch breakout direction in coming days.
#RamcoIndustries - Breakout with VOL surge and retracement near support area - Trendline and 50 EMA confluence on D - R:R setup is favorable - Negate if daily close below 285 - Improving fundamentals
ramco inustries cup and handle formation is formed and it recently made levels above 360 and will very soon go back to those levels by looking at the chart
The chart and drawings are self explanatory. Ramco has just broken its all time high, supported by decent volumes. The stock retested its resistance, which is a good sign for the stock towards extension of the rally. Positional traders can take a position at the current levels, with a stop loss at ~325 levels. Please follow us for more trading setups like...
it is not a recommendation it is for educational purpose only