Stock of the day : Ramco Cements Ltd For Target Rs. 900 - Religare Broking
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Ramco Cements Ltd
* After being in a corrective phase for past many months, the stock is now showing signs of reversal.
* It rebounded from the support of its rising trend line and created a base with above-average volumes suggesting accumulation in the stock.
* It has now registered a breakout from the same while reclaiming its 200 day EMA.
* We believe the stock to inch higher and hence fresh longs can be created in the mentioned range.
Buy Ramco Cements Ltd CMP 849 Range 845-850 SL 825 Target 900
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