Ramco, touching its previous breakout and looks good for another rally !!
RAMCO CEM is in parallel channel from past couple of months. Based on trend - incase if breaks the line and sustains - will again test upper channel in parallel channel. Risk free - easy trade - -Add to watch list
Observe that RAMCO Cement is moving in a upward channel for sometime and looks to take support at the previous resistance (Now support). Can go long with small SL of close below 680 !!
#AMBUJACEM Ambuja Cements Ltd. CMP: 222.45 Target: 243 SL: 218 If you like my work, kindly LIKE SHARE & FOLLOW for latest stock recommendations. :)
Ramco Cements Ready to breakout at 728 level. Wait till it cross the level or enter in small portions till it breakout so that you donot loose big or exit small
Ramcomcem short as per wolfe wave it looks to fall... targets on chart
after consolidating from the level 663 ramco seems to ready to travel up
LONG RAMCO CEMENTS Target 584 592 614 633 SL 554 Stock Significantly Being Accumulated at Lower Levels
Currently market is in correction, according to fib extension the target is drawn in the chart. Please comment your views. Disclaimer: the post for only educational purpose.
1.Downtrend 2.bearish signal 3.at critical support trade only on downside breakout
Ramco Cement has taken a good resistance from a monthly Resistance level of 770. Price has formed strong bearish pin bar on daily Chart which shows sellers are gaining control for a short time. Sell after retracement near 755 for risk reward ratio of 1:2.5