Ramco SystemsRamco Systems
RSI - 34.16 - Downtrend
Below 50 Day Moving Average - Highlighted in Blue
Suggestion:
Enter @ 483.40 once it cross the 50 day moving Average
Targets: highlighted in Green ( 520 & 566.15 )
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Ramcosystems
Accumulate RAMCO SYSTEMS trend reversal expected in 2 weeks time
GREEN Line (470) has acted as historical resistance twice
Same GREEN Line (470) then became a strong support during end of 2015
GREEN Line (470) acting as support one more time now...I am highly bullish about trend reversal from this point. one may start accumulating.....next quarter results will be good too.
Mid term safe target 700 ( 4 to 5 months) almost 50% potential
