Ramco Cements Limited
Long

Rounding Bottom Formation in RAMCOCEM

887
Chart structure looks like RAMCOCEM forming a Rounding bottom pattern. Currently its trading near its bottom level of this pattern. Expected it will complete this pattern within upcoming few trading sessions. At 1090 level it will face the neckline(resistance). Here either it will breakout this neckline or possible slightly consolidate 1-2 trading session. In case successfully breakout of this level gives strong uptrend in this stock towards the new level.

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.