RAMCOCEM - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 3.5

Here’s a detailed technical analysis of Ramco Cements (RAMCOCEM)

📊 Trend Overview

Current Trend: The stock is in a short-term downtrend with signs of consolidation near support.

Price Action: Trading at ₹1,062, below the 50-DMA (₹1,074) but above the 200-DMA (₹1,004), indicating a weak recovery attempt.

📈 Momentum Indicators

RSI (48.0): Neutral zone, leaning bearish. No strong momentum.

MACD (-13.0): Negative and diverging, confirming bearish sentiment.

Volume: Current volume (1.33 lakh) is significantly below the 1-week average (3.46 lakh), showing low participation and weak conviction.

📉 Moving Averages

Indicator Value (₹) Signal

50-DMA 1,074 Resistance

200-DMA 1,004 Support

Current Price 1,062 Between DMAs

📌 Bollinger Bands

Price is near the middle band, suggesting consolidation.

No breakout or breakdown signal; watch for movement beyond ₹1,080 or below ₹1,040.

🧭 Support & Resistance Zones

Immediate Support: ₹1,040–₹1,050 zone

Major Support: ₹1,000 (200-DMA), then ₹950

Immediate Resistance: ₹1,075–₹1,085 zone

Major Resistance: ₹1,120–₹1,150, then ₹1,209 (52-week high)

🎯 Entry & Exit Zones

Optimal Entry: ₹1,000–₹1,020 (near 200-DMA with reversal confirmation)

Exit Zone: ₹1,120–₹1,150 (first resistance), ₹1,200+ if momentum builds

🔍 Conclusion

RAMCOCEM is consolidating after a pullback from its highs.

RSI and MACD show weak momentum, and volume is declining.

A bounce from ₹1,000 with volume and MACD crossover could signal trend reversal.

Until then, the stock remains in a neutral-to-bearish phase.

Sources: TradingView Technicals, ET Money Analysis

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