Anuj_8charts

RAYMOND accumulate / watchout

Long
Anuj_8charts Updated   
NSE:RAYMOND   RAYMOND LTD
here as we can see after the motive waves 12345 , we are into abc correction
out of abc , wave a has been identified , and now wave a shall be retraced by wave b ,
keeping it very minimal to 50% retracements .. also the price action suggests that 350 levels
are a short term rejection levels as well ..

I am bullish on raymond on a yearly perspective and have been trading
each of the major waves ...

so this is a pure delivery buy trade
hope you harvest profits here ..

go for it ...

This is one of our premium services scrip , where we trade each and every wave
cut the cost of our inventory and get it ready for the final rally ..

Trade closed: target reached:
the target price of 350 rs has been achieved and the trade stands to be CLOSED

will revisit the scrip again .. at the completion of wave c

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