#RAYMOND NSE: RAYMOND CMP 385.65 Target1: 476 Target2: 583 SL: 359 TimeFrame: <5-6 months Can hold for a longer term. Price from now might double.
Factors: Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming.
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