Ramco Systems (Daily Chart) – Cup & Handle Breakout Analysis
$RAMCOSYS Pattern Identified: A well-formed Cup & Handle breakout has triggered with a powerful expansion candle. Structure Left rim resistance: ₹557–560 Cup bottom: ₹350–360 Right rim: ₹557–560 Current breakout: Above ₹560 Weekly/daily resistance zone has been decisively crossed. Breakout Zone Breakout level: ₹557–560 Current price: ₹562 Large bullish candle indicates institutional participation. Price has closed above the entire base structure.
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