praveen.bhatiya

Raymond Long : Ascending Scallops

Long
NSE:RAYMOND   RAYMOND LTD
The stock has formed a beautiful Ascending Scallops pattern and closed above the pattern High on 03. 05 .17 with higher Volumes. The pattern has already given the buy signal and the recent dips could be used to buy cheap. The patterns is very reliable so one can take advantage of it. The target would be around 860 while one should provide the stop loss below 720 on closing basis offering good Risk to reward ratio.
Trade active: Trade is doing well :)

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