RAYMOND trade ideas
RAYMOND - Bearish Bat - 4H TFBearish Bat pattern on 4H Chart of Raymond. SELL 796-797
I just started learning Harmonics, so I don't know how to calculate and giveout Target(s) & SL, yet.
Raymonds - ChartpicksShort below Today's low for the support area in Green rectangle with stoploss above 200MA
Reason:
1. Broke Trendline
2. Facing Resistance in Trendline and RSI
3. Facing Resistance in 200MA
I started my own telegram channel to save my charts, if anyone interested to see my charts can see there - t.me
The sole purpose of telegram channel is to save my charts for future usage and to see in mobile.
RAYMOND Weekly Inside Bar TradeLong if it breaks the high of the previous week with a stop loss at the previous week's low.
Short if it breaks the low of the previous week with a stop loss at the previous week's high.
Bullish Cypher RaymondBullish Cypher Raymond
Prz - 768 - 773.50
Sl - 764
Target 1 - 787
Target 2 - 798
Selling opportunity in Raymond.Probable selling opportunity in Raymond. Volatility is very contracted which will result in expanding of area. This expand will probable result due to more selling pressure.
Sell at current price.
Targets: 740, 684.
SL: 815
Raymond - To complete harmonicRaymond has been providing very good risk to reward trade setups.
First it completed bearish Bat and now it can provide good opportunity for Bullish Cypher pattern.
Sl would be slightly below 800.
Targets 840, 880.
Flag pattern is also visible in the Raymond's chart.
Raymond - Break out!This break out is valid till it sustains 794 - 798 levels for the targets 784 and 775.
Flag breakouton daily chart stock has performed bullish flag breakout. Expect stock to move towards 870-880 levels.
RAYMOND Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
#RAYMOND CASH : LOOKS GOOD ABOVE 830.10RAYMOND CASH
19 MARCH 2019
BUY ONLY ABOVE 830.10
STOPLOSS 820
TGT 838-840/848-850
CMP 821.30
