Raymond standing on longterm strong support of 223 Considering all global index's are in positive incase if market opens positive, should reach 235. Incase if breaks this support level next strong support is around 177 and can be considered for good shorting
stock might see a dead cat bounce above 301 for a target towards 306/309/312 sl 297
Buy can be initiated in Raymond, target 620-40
Bullish Bat pattern on 4H Chart of RAYMOND. BUY 634-635, SL 624.9, Target(s) - 644, 649.
RAYMOND above 683 is good positional bet for 800+ targets (16-18%). It has major support around 630 region which is respected since 2006. Once resistance at 683 region is breached, it can sail through till 800+ region which will be another long term resistance trend line.
PRZ BUY 626-629.50 SL 609.25 TGT 663.10,684.15,701.10
RAYMOND CASH 08 DEC 2019 SHORT TERM TRADING RANGE IS 680-725 BREAK ON ANYSIDE ON CLOSING BASIS WILL DECIDE THE TREND. RIGHT NOW AT SUPPORT AT 680-685 CMP 696.40
Buy above 730 for target of 770 & 830. Stoploss 700.