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RAMRAT
For Ram Ratna Wires (RAMRAT), the setup is worth watching for Monday, but note that it closed at ₹616.55 on 1 Oct and made a fresh 52-week/all-time high around ₹620.30. Volume was about 10.1 lakh shares, versus ~1.94 lakh the previous day.
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Monday levels
Breakout trigger: ₹620–622
If sustained above ₹622: watch the price action for continuation rather than chasing the first spike.
Near support: ₹600–605
Stronger support: ₹580–585
Invalidation: a decisive move back below ₹580 would weaken the recent breakout structure.
The important point is that ₹620 is now the immediate price-discovery level because it is the recent/all-time high.
Because this is a relatively volatile stock, position sizing and stop-loss discipline matter. The exact levels can also change significantly depending on Monday's opening price and volume.#TrendingSectors#TechnicalViews#StockInNews#Today’sTradingSetup
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