Stock Radar: Breakout from Symmetrical Triangle pattern makes Ramco Cement an attractive buy

The price action has led to the development of a Symmetrical Triangle pattern on the weekly charts, formed by connecting the highs from July 2021, December 2023, and December 2024. In technical analysis, a breakout from a Symmetrical Triangle pattern occurs when the asset's price moves decisively beyond the converging trendlines of the triangle, either upward or downward.