Is Raymond Ready For Bullish Breakout?

Updated
Howdy Traders,

Raymond Ltd is exhibiting a triangle pattern, accompanied by a value area that helps maintain a balanced supply and demand dynamic.

The level of 1610 holds significant importance for bullish investors. A successful breakout above this level is expected to propel the price toward new highs. Traders may consider setting their target price as high as 1700.
Trade closed: target reached
Target touched - 1699.95
Note
high 1725
Note
high 1786
Chart PatternsTechnical IndicatorsTechnical AnalysistrianglepattrenvalueareaWave Analysis

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