Raymond Limited
Long
Updated

RAYMOND: Expecting 40% upside potential

1 076
⚡️Price Analysis:
1️⃣ Price broke the trendline and did a retest.
2️⃣ Price structure is bullish.
3️⃣ Price trading above EMA.

✨ Key Observations:
➡️ RRR favourable at CMP.
➡️ Expecting good momentum.
➡️ Good volumes

⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️

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Trade closed: stop reached
Note
snapshot

SL due to whipsaw. Then, later re-entered since the setup was still valid and view was intact. Setup would have been invalidated if it would have failed to reclaim the entry price

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