RAMCO CEMENT - Script has been trading in the range of 200 points for the last 6 months
1- every time it is coming and bouning from the same levels
2- Now it is making a perfect inverted cup & handle pattern which itself is a bearish pattern
3- Any trade whenever we take we do confirmation of the price action, however as of now it is not showing any clear breakdown signs
4- High probability that it will touch the same base which marked in blue color line
@ all above are my personal thoughts and finding, and i am sharing y studies for the understanding purpose only, No buy and sell recommendations
I shall do more and more for you all in the coming days
Do subscribe and comment on the study if you like it, let me know your opinion as well
1- every time it is coming and bouning from the same levels
2- Now it is making a perfect inverted cup & handle pattern which itself is a bearish pattern
3- Any trade whenever we take we do confirmation of the price action, however as of now it is not showing any clear breakdown signs
4- High probability that it will touch the same base which marked in blue color line
@ all above are my personal thoughts and finding, and i am sharing y studies for the understanding purpose only, No buy and sell recommendations
I shall do more and more for you all in the coming days
Do subscribe and comment on the study if you like it, let me know your opinion as well