RAMKY trade ideas
Ramky Infrastructure - Investment Stock!Ramky Infrastructure shows a psitive outlook as the quartely results on 14/2/17 posts the profit of Rs. 28 crore net profit. It has broken its long term resistance 84 with high volume indicating bullishness on 15/2/17. I expect this stock to reach 92, 100, 125, 150 in one year. Its interesting to see the growth of this stock irrespective of its Q2 results on 14/12/16 which showed a net loss of Rs 42 cr.
Note : I am a private trader. I am not giving free/paid calls. I am not taking trading classes. I am here to improve my technical knowledge. This is my trading analysis journal.
Ramky Infra Buy Set UpRamky Infra Buy set up.
If market have steam 5th wave can be completed or it might retrace to orange line.
Tgt around 84 around 1 month period of time.
Please do your own research. This is for study purpose.
Do comment and provide your inputs. It motivates to put further ideas.