Ramco Cements: Multi-Year Base Breakout → Fresh Secular Leg 🧱📈

🔹 AVWAP / Value Zone Insight Entire corrective structure respected a well-defined value area Price has now accepted above the value zone, confirming: Institutions are comfortable holding inventory at higher levels Supply above ₹1,150 is thin Any dip toward ₹1,120–1,150 should act as strong demand / AVWAP support 🔹 Momentum & Price Action Breakout candle is wide-range, strong close, near high → textbook expansion signal No visible bearish momentum divergence on higher timeframe Post-breakout consolidation is shallow → bullish acceptance 🔹 Targets & Levels Positional Target (Wave 3): ₹1,650–1,700 (~40–45% upside, matching the projection on chart) Intermediate resistances: ₹1,350 → ₹1,500 Major support: ₹1,120–1,150 Invalidation: Sustained monthly close back below ₹1,100 🔹 Fundamental Context (High-Level) Cement sector benefits from infra + housing cycle Ramco has: Strong southern market presence Operating leverage during demand upcycles Long consolidations in cement stocks historically resolve with sharp multi-year trends