RAMCOIND: Looking Good Rounding Bottom Pattern Breakout Sustaining Closing/Above 305
Disclaimer : plz analyse before you invest or trade. This is my own view.
This is a beautiful chart if u just watch this chart on a weekly timeframe whereby this has broken the 21 years high of 322. This is now in the blue-sky zone wherein u see the highest traded volume with the highest delivery quantity and also the major reason is a breakout from multiyear levels. This will be the new multibagger stock to buy in. Always go with any...
NSE:RAMCOIND Don't rush to get in to the trade until and unless if you find weekly strong candle to close above 330 level. Short term to long term holding can lead to target of 390. In current week good volume came same like it was in Oct 2016. Looks promising to buy for short term.
RAMCOIND (W) :- 327 CMP, Looks good for more upside :) 1) CIP ZONE (Change in polarity) 2) Volume Spurts
Today we captured 10 percent move in our group with entry given at 306. Now that the stock has closed above 325, it looks good at cmp for 5-7% further upmove.
Hello traders, RAMCOIND is about to break it's 21 year resistance which is also ATH. buy above 325 for swing. can move upto 600 targets. keep in radar check my other ideas to get to know about all the successful trades based on price action. Thanks, Aniket.
inverse head & shoulder break out above 305 can lead to 500+ level
As we can a strong Resistance @ 325, was on 15 Jan '18, we can see a retracement. now its in the line P, if it breaks, it can reach R1, which is @ 295 and further @ 304. RSI - 60+, partially strong. MACD gave buy call back on 23rd June '21, its also a good time to enter. MA also cuts, volume is also comparatively good.
Details given in the chart
ramcoind chart analysis for intraday and swing trading
ramcoind chart analysis for intraday and swing trading
#RAMCOIND NSE:RAMCOIND CMP: 282.50 Target: 320 Stop Loss: 254 Time Frame: Approximately 2 months. Factors: Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Higher Highs & Higher Lows. Breakout above RESISTANCE levels Trading at SUPPORT levels Fundamental are strong. Earnings report & quality strong EPS...
A good breakout with a significant amt of volume indicates the stock to reach 300 levels in the coming days. One can even wait for a retest at resistance to buy the share at a discounted price for max profit.
ramcoind chart analysis for intraday and swing trading