Rising Rally Runs Out of Steam: RAMCOCEM Faces Supply Pressure
RAMCOCEM is showing early bearish undertones as the stock struggles to reclaim the 1,080–1,100 resistance zone after a sharp prior rally. Price action indicates a lower high formation, suggesting weakening momentum and the possibility of profit-booking at higher levels. Volumes remain muted on the recent up-move, hinting at lack of strong buying interest. A failure to hold above the 1,040–1,020 zone could accelerate downside toward the 980–950 region, keeping the near-term bias cautious unless a decisive breakout above resistance emerges.
#StockInNews#TechnicalViews#Pre-OpeningCommentary#EquityResearch
1,028 likes·88 comments

















