Stock of the day : Buy Ramco Cements Ltd For Target Rs.830 - Religare Broking
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Ramco Cements Ltd
* We are seeing fresh traction in the cement space. Ramcocem is trading in sync with the move.
* It has been witnessing steady recovery for the last three months and reclaimed the major averages too.
* It has formed a fresh pivot after crossing the previous swing high i.e. 770 levels and looks set for a surge.
* We thus suggest initiating fresh longs in the mentioned zone.
Buy Ramco Cements Ltd CMP 789.00 ; Range 786-792; SL 769; Target 838
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