5 REASONS TO GO LONG ON RAMCO CEMENT.
RSI Monthly- Near 60 support.
200 EMA - Near to this (we can see earlier also the stock had turned from 200 EMA)
Trend Line- If we draw a trend line from around March 2020 till date we could see the same is being respected
Fibonacci Support - If we draw a Fibonacci from last swing low we could see the current price is hovering around 50% support.
Volume - Near to this area strong increase in volume could be seen.
200 EMA - Near to this (we can see earlier also the stock had turned from 200 EMA)
Trend Line- If we draw a trend line from around March 2020 till date we could see the same is being respected
Fibonacci Support - If we draw a Fibonacci from last swing low we could see the current price is hovering around 50% support.
Volume - Near to this area strong increase in volume could be seen.
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