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Piyush-Gupta
Jan 1, 2020 4:04 PM

RAYMOND, Positional Idea Long

RAYMOND LTDNSE

Description

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.
Comments
Piyush-Gupta
Kindly visit telegram channel for more price action based charts for learning. Additional charts are only posted in channel along with intraday charts.
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