Raymond Breaking 200EMA from good Support.NSE:RAYMOND today broke out 200 EMA from a Good Support on Back of Exchange approval of "no objection" letter from the National Stock Exchange and NSE:BSE to spin off its real estate business, Raymond Realty.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Raymondanalysis
Long RaymondRaymond Ltd
Cmp - 413
Stop - Nil
Expectation -
T1 - 1200
T2 - Open, Review at 1200
Expected Holding Period - 2 years or earlier for T1
View:- Positional/Investment
Can go for SEP mode
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing