Analyst sees uptrend as Ramco Cement breaks out, eyes ₹1,130 level
Ramco Cement’s breakout above a key resistance may signal a fresh uptrend, says SEBI-registered analyst Mayank Singh Chandel. The stock has moved past an ascending triangle pattern, often indicating trend continuation. Focus now shifts to the ₹1,120-₹1,130 zone—Ramco’s all-time highs. A successful breach could mark the start of a strong upward move in the stock.