POSTED 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...
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...
Cmp - 413
Stop - Nil
T1 - 1200
T2 - Open, Review at 1200
Expected Holding Period - 2 years or earlier for T1
Can go for SEP mode
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
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
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