SHREYAS :- Stock has given breakout after 5 days, keep an eye on the stock
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As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
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Logistics sector is doing very good and government main focus is on this sector to low down the costing of logistics to improve it and increase export from INDIA
Results are very good for shreyas shipping and there is positive relative strength building on the Technical chart
Buy small quantity around cmp 311 with SL of 300 DCB
Add more quantity if upmove...
Chart is self explanatory. Entry, Targets and 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.
#RAYMOND
NSE: RAYMOND
CMP 385.65
Target1: 476
Target2: 583
SL: 359
TimeFrame: <5-6 months
Can hold for a longer term. Price from now might double.
Factors:
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT...
