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Technicals for The Ramco Cements Limited
By MusingTheNews
2025-10-17 20:59
Overall Technical outlook
Price Summary
The Ramco Cements Limited's stock started trading at 1024.05 on 2025-10-17, climbed to 1029.9, fell to 1012.55, and closed -0.04% down at 1023.6, with 102266 shares traded. The stock's highest value over the last 52 weeks is 1201.4, and the lowest value is 801.55. The price projection is between 590.0 and 1380.0, with an average expected price around 1001.46875, according to 32 analysts.
Technicals
Support and Resistance: The current price sits at 1023.6, supported at 1004.15 and capped by resistance at 1070.4. These levels define a range for RAMCOCEM where the price might stabilize, with 1004.15 as a floor and 1070.4 as a ceiling. Support/Resistance for RAMCOCEM
Aroon: The current state of the AROON is neutral for RAMCOCEM, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Aroon chart for The Ramco Cements Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for RAMCOCEM, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Bolinger Bands chart for The Ramco Cements Limited
Parabolic SAR: The PSAR remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for RAMCOCEM. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment. Parabolic Stop and Reverse chart for The Ramco Cements Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Stochastic chart for The Ramco Cements Limited
Tripple Moving Agerage: The current alignment of the 20, 50, and 100 moving averages shows a bullish trend, but the slopes of the 20 and 50 SMAs are losing strength. This weakening momentum could indicate that a trend reversal is imminent, potentially leading to a bearish shift in price action. Investors should be cautious as the market's upward trend may soon come to an end. Tripple SMA chart for The Ramco Cements Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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