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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