RAMCOCEM - Technical Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to Technical List📊 Technical Analysis for RAMCOCEM (The Ramco Cements Ltd.)
⭐ Technical Rating
4.2 (Strong technicals driven by bullish momentum, breakout patterns, and volume confirmation)
📉 Chart Patterns & Trend Status
Trend Status: RAMCOCEM is currently trending upward, nearing its 52-week high.
Pattern Observed: Cup and Handle breakout confirmed with price surging past resistance.
Candlestick Signals: Recent Three White Soldiers and Bullish Continuation patterns suggest sustained buying interest
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📈 Moving Averages
Indicator Value (₹) Signal
50 DMA 1,082 Price above – Bullish
200 DMA 972 Price above – Strong Bullish
20 EMA ~1,165 Price above – Bullish
Price is above all major moving averages, confirming a strong uptrend.
📊 Momentum Indicators
Indicator Value Interpretation
RSI 66.4 Bullish zone, nearing overbought
MACD 33.6 Bullish crossover, strong momentum
MFI ~55.9 Positive flow, mild accumulation
CCI ~135 Strong uptrend confirmation
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📉 Bollinger Bands & Volume
Price near upper Bollinger Band, indicating momentum continuation.
Volume above 1-week average → strong participation, confirming breakout.
📌 Support & Resistance Zones
Level Price (₹)
Support 1 1,165
Support 2 1,144
Resistance 1 1,208
Resistance 2 1,224
Resistance 3 1,253
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Trendline resistance near ₹1,224–₹1,253.
Support holding around ₹1,144–₹1,165.
🎯 Entry & Exit Zones
Entry Zone: ₹1,165–₹1,180 (on pullback with volume support)
Exit Zone: ₹1,224–₹1,253 (short-term resistance zone)
Stop Loss: ₹1,144 (below recent breakout level)
🧭 Summary
RAMCOCEM is in a strong bullish trend, supported by breakout patterns, rising volume, and momentum indicators. While RSI is approaching overbought territory, the stock shows signs of continued strength. Traders may consider entering on minor dips with tight stop-losses and monitor for resistance near ₹1,253.
Want to explore how this compares with other cement stocks or overlay it with valuation metrics?
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www.topstockresearch.com
2
trendlyne.com
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www.moneycontrol.com
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