#RAYMOND trading above Resistance of 1734
Next Resistance is at 2676
Support is at 1339
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and...
RAYMOND :- Can we see 2200 once in Raymond, keep eye on it
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based...
Raymond Ltd. is an interesting chart with following
1. RSI on all time frames above 60 (DWM)
2. Narrowing Bollinger Bands on weekly chart with price walking on upper band
3. Bullish Marubozu Candle on daily chart with huge volume
4. ABCD pattern under formation on weekly chart
5. Ascending Triangle breakout on daily chart
Major Support at 1790 - 1850 zone,...
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading...
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Key levels:
Support: 1800 on a closing basis
Resistance: 1920, 1980, 2080, 2185
Description:
Fundamentals:
Business Overview:
Raymond Limited, established in 1925, is a diversified group with interests in Textile & Apparel sectors, Real Estate, FMCG, Engineering, and international markets.
It is a leading vertically and horizontally integrated...
looking good above 1756
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
RAYMOND LTD
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TF-1W
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Entry activated above 1630 on pullback.
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SL & Target-Given on chart
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You can also take entry on the Change of Chracter in 2 Hr TF after the trendline breakout.
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Only my view.
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I am not a SEBI Registered. This analysis is purely for educational purposes only.
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If you gain some learning from this chart, then please like this post for...
