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
Raymonds
RAYMOND DAILY CHART ANALYSIS AS ON 17.01.2022 TARGET ACHIEVEDPOSTED 14.01.2022 RAYMOND above 693 for a target 700 and on 17.01.2022 stock made a high 793 and closed at 782. And also posted message on 14.01.2022 NIFTY has a strong resistance at 18340 / 18348 and only if it crosses and sustain its in the Bull hand. Today 18.01.2022 Nifty exactly could not break 18340 & 18348 and fell into bears hand. 19.01.2022 and 20.01.2022 could be bears paradise.
Target 1 (45%) achieved in Raymond. Target 2 is ON...This is follow-up on Raymond. Can check link to related ideas.
Target 1 achieved. More than 45%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
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 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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Raymond Long...RAYMOND make the Diagonal pattern
Entry above 802.5
TP 827 / 869
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
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Trade setup RaymondsA close above 820 would be a bullish sign.
Further i believe that the Raymond is in clear downtrend and it fails to hold above 715 levels in coming weeks then we will see it testing 620/550 levels within this financial year.
Please do your own research before taking any investment decision.