RAMCOCEM trade ideas
Ramco Cements Reversal After Higher Time Frame BreakoutThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed based on fundamentals and near swing high.
Ramco Cements Short Term ReversalThe stock has reached the lower support zone and might take support and undergo a reversal rally. Trade is supported by brokerage calls, 200 EMA and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & 200 EMA. The target is placed near short term resistance.
Ramco Cement Reversal Trade The stock has reached lower trend line and looks to take support and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby & 200 EMA .
Risk Reward Ratio - 1:1
SL is placed below multiple major support zone and target is place near swing and channel high.
Note: As the market is under selling pressure, enter only after confirming a reversal.
ramco cementThe Ramco Cements is the flagship company of the Ramco Group, a well-known business group of South India. It is headquartered at Chennai. The main product of the company is Portland cement, manufactured in eight state-of-the art production facilities that includes Integrated Cement plants and Grinding units. The company is the fifth largest cement producer in the country. Ramco Grade is the most popular cement brand in South India. The company also produces Ready Mix Concrete and Dry Mortar products, and operates one of the largest wind farms in the country.
Business area of the company
The Company is engaged in manufacture of Cement, Ready Mix Concrete and Dry Mortar products. The Company caters mainly to the domestic markets. The Company also sells cement in Srilanka through its branch operations. The Company is also engaged in sale of surplus electricity generated from its windmills after meeting its captive requirements.
Products
Cements
Drymix Products
Ramco Concrete
MACE
Ramco Concrete
3D VR of Cement Mfg Process