NSE:RAYMOND
Only for education and information purpose. Should not be taken as a trading call
we can go long at the marked D point lets see how the market behaves
CHART BY HARMONIC LEARNING AND EARNING
Well according to Theory its one of the possible pattern we can consider right now
What i am looking is an reversal and move up for completing the next leg
Price move within the structure clearly indicates its an move of Contracting Triangle
When 1st impulse down wave A is un-usually long then the formation of contracting flat or Contracting Triangle are 90...
Bullish Shark pattern on Daily Chart of RAYMOND. BUY 651-652, SL 626.9, Target(s) - 675, 685. 675-680 strong support. If it breaks we may get an opportunity here.
Raymond Limited is an Indian lifestyle, textile and branded apparel company. The Company is engaged in Wool and Wool Blended Fabric, and Shirting Fabric. The Company's segments are Textile, which includes Branded Fabric; Denim & Shirting, which includes Denim and Shirting Fabric; Apparel, which includes Branded Readymade Garments; Garmenting, which includes Garment manufacturing; Tools & Hardware, which includes Power & Hand Tools; Auto Components, which includes Components & Forging, and Others, which includes non-scheduled airline operations and real estate development. The Company holds interest in the engineering and fast moving consumer goods (FMCG) sectors. The Company, through Raymond Apparel Limited, offers brands, such as Raymond Premium Apparel, Park Avenue and Parx. The Company's subsidiaries include JK Files (India) Limited, JK Talabot Limited, Everblue Apparel Limited, Pashmina Holdings Limited, Celebrations Apparel Limited and Dress Master Apparel Private Limited.
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RAYMOND
