RAMCO INDUSTRIES Technical Breakout above 246 for the target of 292/323/366. SL Below 195.
Entry cmp 165 1 Target 315- 355 Rs ..Almost double Strong Sl at 149Rs Hold it for next one year and sit relax. Downside limited and upper side open sky.
Ramco Industries Limited is part of the $1 billion Ramco Group with interests in Cement, Dry Wall & Ceiling products, Roofing products, Cotton yarn, Surgical cotton and Computer Software. With many plants across South Asia and lots of strong partner network, the company is one of the leading building materials manufacturers in South Asia and has been at the...
WEEKLY BO WITH VOLUMES. LEVELS ARE MENTIONED ON CHART
#Ramco_Industries_Limited Range BREAKOUT RSI (14) bouncing above 60 Relative Strength up trending and positive Entry @ 280 View invalid below 285 close Target1 300 Target2 320 Disclaimer: Educational View
Ramco Industries incorporated in 1967; is engaged in manufacturing of fibre cement sheets, fibre cement pressure pipes, calcium silicate boards, cement and plastic storage containers. The company manufacturing facilities are located at Arakkonam (Tamil Nadu), Karur (Karnataka), Maksi (Madhya Pradesh), Silvassa (UnionTerritory of Dadra and Nagar Haveli),...
Stock has broken out of the range a few days ago and retested the ranging area on a low volume.
Ramco India looks bullish and can cross 380 mark