Trade-3/100-RATNAM-R:R Experiment-Buy3rd trade in the series
Buying RATNAMANI in hourly POSITIONAL trade
0%
0%
0%
0%
0%
0.47%
79.65INR
5.105BINR
44.744BINR
19.116M
About RATNAMANI MET &TBS
Sector
Industry
Headquarters
Ahmedabad
Website
Employees
4.905K
Founded
1983
ISIN
INE703B01027
Ratnamani Metals & Tubes Ltd. is a holding company, which engages in the manufacturing of tube and tube fittings of basic iron and steel. Its products include stainless steel, nickel alloy, titanium welded tubes, carbon steel, coating solutions, and induction bending. The company was founded by Prakash Mishrimal Sanghvi and Jayantilal Mistrimal Sanghvi on September 15, 1983 and is headquartered in Ahmedabad, India.
Breakout in Ratnamani Metals and Tubes Ltd...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am
#Ratnamanimetals cash : Looks good above 1930.10#Ratnamani metals -Positional call
29.08.2022
Stock is in uptrend and given a nice Ascending traingle breakout. chart shows the rising channel as price making higher lows and making continues resistance and closed above the resistance zone.
If high is crossed with volumes it will be sign of superb
Ratnamani Metals ---------- According to chart Pattern the stock should reverse from here?
Otherwise downside target is 1700.
Ratnamani ViewRatnamani :
Facing Stiff Resistance, might breakout Strong
Long above 2650 with SL 2600
Ratnamani - Breakout Ratnamani :
Good Breakout
Sustaining 2525 might take it to new 52 week high 2650 soon
RATNAMANI METALS TGT 3000 COMING SOONRatnamani Metals tgt 3000 soon....
.382 2185/-
.5 2543/-
.618 2703/-
RATNAMANICMP: 2288
- Low volume stock
- Trading near All Time High region (2335)
- FIIs & DIIs have increased their stake in the last few quarters
- QoQ Increasing sales
RatnaMani Met & TBS is ready to give you big ProfitssRatnaMani Met & TBS is showing a weekly Triangle Breakout, and this stock can move real soon.
The 1st Redline is the 1st Target as well as the Resistance line. The next red line is the 2nd Target. The stock has the power to go up more, so keep the trailing stop loss on. Trade on your own risk manage
Sell below 1893 SL 1902 TGT 1883 and 1872Suggestions are based on my analysis only. Please do your analysis before taking any trade.
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