Vishal_kudva

Long Position in Ramco Cement

Largo
NSE:RAMCOCEM   RAMCO CEMENTS(THE)
Looking at the chart in the higher time frames you can see a clear tap in to the M timeframe OB.

A strong displacement to the upside creating a OB in the W timeframe - unmitigated.
Gap at the top acting as a magnet for price to move into.
Very clean CoCH and BOS giving confirmation of the move up into higher levels.

A great entry be entry in the GOLDEN level of price retracement - 60% fibs
Levels are in confluence with the W +OB.

Expect price to tap into the W +OB and move higher to the magnets (GAP liquidity, trendline short liquidity)

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.