RAMKY gives brake out on daily chart.NSE:RAMKY
RAMKY gives brake out on daily chart.
I am buying this stock
Near 700-710
And follow sl on 550
My target will be 950
My risk reward ratio is 1:1.50
Return on capital 35%
RAMKY trade ideas
positional idea with pros and consPros
-Prior uptrend
-Weekly Base
-reduced debt
-Huge volumes on green days
-Tight consolidation of 5 weeks in base
-Low vol in base formation
-Above 40 WEMA
Cons:
-Overhead supply
-Low RS
Long setup in Ramky InfraTargets are Big as shown in the chart..
Short term trader can buy with SL of 80 and long term investors go with SL below 60 on WCB
I am not a full time analyst, I just post my ideas only to help others. Remember it is your capital and R&R always
13 years breakout 13-year breakout with huge volume followed by weekly follow-up and having a good order book which is twice the market cap. Weekly followup shows strength in the stock.
Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Ramky Infrastructure-Nice BreakoutRamky Infrastructure-Nice Breakout
Capital to be deployed- 20k
Investing Price -407-409
Breakout Price -407
Stoploss -345
Targets -749
#ramky #StocksToBuy #StocksInFocus #StockMarket #stockstowatch #StocksToTrade
Multi Year Breakout Multi year Breakout accomplished by sucessful retest of the stock ..
Pattern obeserved : Cup and handle
Pattern - Success rate High
Reliable pattern with spike in volumes
Cmp 319
TGT 395-480+
Sl - 295 for short term with 250 for long term
Note : Already invested so do your own research and analysis before investing .. you are responsible for your own profits or loss .. Analysis for education purpose only
Base on Base formation with VCPBase on Base formation
VCP on 1 hour timeframe as well.
Inisde day candle.
Volume dry up on supply.
Pivot buy at 239.5
Tight SL at 227
Publishing for my own referene. Not an investment advise.
Ramky Infra- bulls Enter-Chart has became technically strong by breaking the december trendline. Accumlate between 190-210 with ths stoploss of 170 for TGT 215-240-260.
