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RAYMOND LTD.RAYMOND LTD.RAYMOND LTD.

RAYMOND LTD.

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RAYMOND trade ideas

Raymond Possible BO coming from uptrend channelRaymond has been trading between parallel channels after heavy capitulation in Mar 2020. Seems like the time has come for a BO out of trend channel. Look at the massive volumes bought in last week.. RSI confirms the uptrend continuation... Wait for BO to buy.. Possible resistance zone between 510-530 .. Verify Momentum and book profits accordingly.. 800+ possible target.. All details on chart .. Please like if you agree... Not a financial advisor. Just a normal guy learning along with community here..
NSE:RAYMONDLong
by Munchkunster
#RAYMOND CMP 385 Target 583 (50%+) #NIFTY #BANKNIFTY #stocks #it#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 levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:RAYMONDLong
by Rachit_Sethia
RAYMOND accumulate / watchout here as we can see after the motive waves 12345 , we are into abc correction out of abc , wave a has been identified , and now wave a shall be retraced by wave b , keeping it very minimal to 50% retracements .. also the price action suggests that 350 levels are a short term rejection levels as well .. I am bullish on raymond on a yearly perspective and have been trading each of the major waves ... so this is a pure delivery buy trade hope you harvest profits here .. go for it ... This is one of our premium services scrip , where we trade each and every wave cut the cost of our inventory and get it ready for the final rally ..
NSE:RAYMONDLong
by Anuj_8charts