amankavi
Long

Raymond : Bullish harami in motion

NSE:RAYMOND   RAYMOND LTD
The scrip might take bullish reversal after downtrend with formation of bullish harami candlestick - The bullish harami is a long candlestick followed by a small body that is completely inside the range of the previous body and which marks higher probability for reversal

Planning to enter intra-day with price level mentioned in chart aiming towards
TP = 820, 825, 830, 840 and beyond
Sl= 808 (As per risk appetite)

Might also aim towards short call for higher highs of ascending channel if the bullish momentum continues with Nifty supporting the trend
Trade active
Comment: Price level - 817 is the resistance level which the bulls should manage to breakout to reach the desired TP till 835, 840 and beyond (Intra-day)

Comment: Touched 839 Price level as anticipated after crossing prior resistance level
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