THE RAMCO CEMENTS LTD

Symmetrical Moves

99
CMP -1014

Fibs- When the stock makes its grid from top and bottom its an indication of a stock neither expanding nor contracting. It is a stock that has to be left alone as far as investment is concerned. The stock made symmetrical moves since it made highs in 2018. Its 6 years now and the stock is still around the 2018 highs.

RSI - every time the stock makes highs the RSI is halting in the bear zone. It is an indication that the stock is now turning bearish. It is asking you to exit.

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