Raymond cmp 1805 by Daily Chart viewRaymond cmp 1805 by Daily Chart view
- Price Band 1555 to 1605 Support Zone
- Price Band 1950 to 2000 Resistance Zone
- Price getting ready to breach Falling Resistance Trendline
- Volumes have spiked heavily by demand based buying today
- Close Double Bottom and/or Triple Bottom by base at Support Zone
- Support Zone is tested and retested multiple times over past few day
Raymondltd
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
RAYMOND | Price Action320 has been a major resistance for RAYMOND. If it is able to break this level and hold around it for a while,
- the first target could be the 200EMA.
- the second target could be around 350 levels.
- the third target could be around 400 levels
These levels are marked base on historical support and resistance levels.
RAYMOND LTD - Triangle + Double BottomsRaymond is breaking out of a Symetrical Triangle plus it is also making Double Bottoms. Both the patterns are on bullish side supported by the volume. Targets on the chart.
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
RAYMOND BUY ABOVE 263RAYMOND BUY LEVELS
BUY ABOVE 263 on closing basis
TARGETS: 266, 273, 280
if sustain above 282-285 then 300-305 possible
Posting for Educational purpose only
Closing Basis means stock need to trade above 263 between 3:25 ~ 3.30 PM
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