Mohit_Jangir

Raymond : It's Time For A Rally ; Big Move Ahead !

Long
Mohit_Jangir Updated   
NSE:RAYMOND   RAYMOND LTD
Dear All ,

Raymond Seems A Good Buy At Present for Mentioned Targets ! Stock was consolidating in A Flag & Now It gave break-out with good volumes !

Points to Notice :

(1) Volume was Up During Up-Move

(2) Volume was Down During Fall

(3) During B.O. , Volume > Vol (20SMA)

RSI(14) has also given B.O. from A Flat Channel .

Strategy : Buy for Targets of 850-900+ With A SL Of 800 Rs. (CLBS) !

Hope You will like My Idea ; Hit Like Button for Supporting & Comment your view in Comments Section .

Disclosure : I am not A SEBI Registered Technical Analyst !

Regards ,

Mohit Jangir (KBMJ)

Happy Trading !!!
Trade active:
815 to 822 So Far :)
Trade closed manually:
1st Target Missed by 0.1 Rs.
Comment:
Highs of 879+ ; After Our Exit ; Big Move Came :)

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