Ramco Cements Limited
RAMCOCEM
Technical
Strong weekly bullish candle reclaiming ₹1,130–1,160 zone.
Price heading towards major supply at ₹1,210 (multi-timeframe resistance).
Structure: Higher lows since 2024 base → trend turning up.
Levels
Support: ₹1,065 / ₹960
Resistance: ₹1,210
Fundamentals
South India cement demand recovery.
Operating leverage improving with volume pickup.
Beneficiary of housing + infra cycle.
Verdict: Strength after long base. Sustaining above ₹1,130 opens ₹1,210 test.
#TechnicalViews#FundamentalViews

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