tanya151181

MULTIPLE BULLISH PATTERNS IN RAMCO CEMENTS

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NSE:RAMCOCEM   RAMCO CEMENTS(THE)
Multiple bullish patterns can be seen in Ramco cements:

1. It has taken support from 9 month old support zone

2. After more than a month high volumes are seen and it has given it's 4 month old trendline breakout

3. Making a prominent double pattern bottom

4. It has taken support on 20/50/100 EMA

Stock is looking good above 1070 level to test it's ATH 1130

Once ATH is broken - another 5-7% move can be expected

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Dr. Tanya Kumar

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