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 not SEBI registered. Please consult your financial advisor before...
#RATNAMANI trading above Resistance of 3167
Next Resistance is at 4803
Support is at 2131
Here is previous chart:
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...
RATNAMANI METALS AND TUBES LTD
Bullish Flag Pattern in a 60 min time frame.
Positive quarterly results.
Ratnamani Metals & Tubes Ltd.'s Revenue was higher than average estimate 2 times in past 3
EPS is expected to grow by 17.7% in FY24.
FII/FPI have increased holdings from 12.79% to 12.87% in Sep 2023 qtr.
Disclaimer:
For educational purpose only.
Please do...
Chart is self explanatory
Already broken out with huge volume candle
Volume on chart shows demand
Already high in sky meaning no supply or resistance zone above
Don't just blind buy..... This ain't no tip......Buy at ur own risk
Comment down below ur views and lemme know what u think abt my review.
#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 superbreakout.
Buy above 1930.10
Stoploss 1820
Target 2140/2400
Cmp 1887.65
CMP: 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 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 management and trade management tool
As the market is showing no clear...
Nothing guaranteed and Nothing over week
Invest or trade according to your loss bearing capacity
STOCK FOR EDUCATIONAL PURPOSE ONLY
Ratnamani Metals & Tubes Ltd. @ 2205 with target of 2250 CMP IS 2182.25.
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR @ 2150.
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis is for your information and...
