Piyush-Gupta

RAYMOND, Positional Idea

Long
NSE:RAYMOND   RAYMOND LTD
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13
RAYMOND above 683 is good positional bet for 800+ targets (16-18%). It has major support around 630 region which is respected since 2006. Once resistance at 683 region is breached, it can sail through till 800+ region which will be another long term resistance trend line .
Trade active: Activated on Friday.
As soon as it crossed this 683 level, made intraday high of 707 which is 3.5% move.
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