short trem trade raymond ltd current price 1385 , first traget 1515 , second target 1600 with 1300 stoploss #raymond
Refer chart for details RAYMOND Price: 954.60 EMA 9: 872.98 EMA 20: 823.42 EMA 50: 764.66 EMA 100: 700.53 VOL: 3.114M Thanks & Regards Request you to post your comments or suggestion.
CMP: 838 - Cup & Handle pattern breakout - Daily close above 800 after more than 2 years
Raymond 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 is currently at the confluence of 2 resistances. Looking bearish from here on and may touch 320 levels. SL can be placed at 475.
320 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 consolidation ends in a few days , excellent buy opportunity , short term profit of 20%.
Raymond 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...
Note: This is for educational purpose only. There seems to be a W pattern in Raymond. Moreover, there seems to be a descending triangle bullish breakout with high volume. RSI is at 57 which is still in neutral zone.
RAYMOND 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 If my analysis appears OK then please LIKE, FOLLOW and SHARE to get more future ideas
Double bottom pattern formed looking good for long term and fresh entry can do well