Raymond Lifestyle cmp 1321.10 by Daily Chart viewRaymond Lifestyle cmp 1321.10 by Daily Chart view
- Support Zone 1215 to 1265 Price Band
- Resistance Zone 1360 to 1410 Price Band
- Bullish Rounding Bottoms by Resistance Zone neckline
- Resistance Zone tested rested prior to Breakout attempt
- Breakout sustained above the Falling Resistance Trendline
- Volumes seem subdued, need to increase for good Breakout
- Chart showing indicative positive setup for BB, EMA, MACD, RSI
RAYMONDLSL trade ideas
RAYMONDLSL Price actionRaymond Lifestyle Ltd (RAYMONDLSL) is currently trading in the range of ₹1,088 to ₹1,179 as of June 26, 2025, showing a strong rebound in the last few days after a prolonged period of decline. Over the past year, the stock has been highly volatile, reaching a 52-week high of ₹3,100 and hitting a low of ₹911.35 in May 2025. The share price has dropped significantly, with a decline of about 64% over the last year and nearly 48% over the last six months.
Despite this correction, the stock has recently shown some positive momentum, climbing over 11% in the past week and about 8% in a single session. Its market capitalization is around ₹7,185 crore. The price-to-earnings (P/E) ratio is low at 2.72, and the price-to-book (P/B) ratio is also relatively modest, indicating the stock may now be trading at more reasonable valuations compared to its recent past.
Raymond Lifestyle has demonstrated exceptional revenue growth, with annual growth far outpacing its three-year compound annual growth rate. However, the company has also taken on new debt for the first time in five years, which could impact its financial flexibility going forward. Technical signals, such as a recent 50-day moving average crossover, suggest that there could be further short-term upside, as this pattern has historically led to gains in the following month.
Overall, Raymond Lifestyle Ltd is recovering from a sharp correction and is currently showing signs of short-term strength. The company’s fundamentals reflect strong revenue growth but also new debt obligations. Investors should be aware of the stock’s high volatility and recent history before making decisions, as the long-term trend remains cautious despite recent gains.
Breakout in Raymond Lifestyle Raymond Lifestyle is a part of the larger Raymond Group, which is owned and managed by the Singhania family.
Stock has confirmed a Volatility Contraction Pattern breakout, showing strong technical signals:
Breakout screener:
- RSI above 70 and rising
- Trading above EMA50
- Massive volume spurt
- Breakout after 4+ months of tight consolidation
Disc: for study, not a recommendation. DYOR.
Raymond Lifestyle Ltd. Chart Analysis ### Detailed Chart Analysis for Raymond Lifestyle Ltd. (4-Hour Timeframe):
#### **1. Chart Overview**
The chart **Raymond Lifestyle Ltd.** stock on a **4-hour timeframe**, with **Heikin-Ashi candles**. Indicators included are **Volume**, **MACD**, and **RSI**. Notable chart patterns and support/resistance levels are also marked.
#### **2. Observations**
##### **A. Price Action and Trend**
1. **Downtrend to Consolidation**:
- The stock was initially in a downtrend, characterized by red Heikin-Ashi candles and lower highs and lows.
- Consolidation occurred near the support zone at **₹1,913.15**, where price action stabilized with smaller candles and reduced volatility.
2. **Rising Wedge Formation**:
- A **Rising Wedge** pattern has formed after consolidation, indicating a potential bearish reversal if the lower boundary of the wedge is broken.
##### **B. Key Levels**
1. **Support**:
- **₹1,913.15**: This blue line represents a strong support level, where the price bounced multiple times during consolidation. A break below this level would signal further downside potential.
2. **Resistance**:
- **₹2,125.00**: This is the immediate resistance, where the price is currently approaching. It coincides with the upper boundary of the rising wedge.
- **₹2,772.10**: This higher resistance level marks a significant zone if the price manages to break above the current wedge.
##### **C. Volume Analysis**
- **Decreasing Volume in Wedge**:
- The rising wedge is accompanied by declining volume, a classic characteristic of this pattern, suggesting weakening bullish momentum.
- **Volume Spike at Support**:
- During consolidation at ₹1,913.15, a volume spike indicated significant buying interest, leading to the recovery phase.
##### **D. MACD (Moving Average Convergence Divergence)**
1. **Bullish Momentum**:
- MACD lines (blue and red) have crossed above the zero line, signaling a bullish momentum.
- However, the gap between the MACD and signal line is narrow, indicating limited strength.
2. **Divergence Risk**:
- If the MACD starts forming lower highs while the price forms higher highs, it could signal bearish divergence, aligning with the wedge breakdown scenario.
##### **E. RSI (Relative Strength Index)**
1. **Current Reading**:
- The RSI is at **55.68**, indicating moderate bullish momentum but still far from overbought territory (above 70).
- RSI climbed steadily during the recent uptrend but shows signs of flattening near the resistance zone.
2. **Trend Insight**:
- A fall below **50** on the RSI would confirm a bearish move, while a rise above **60** would indicate a continuation of the uptrend.
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#### **3. Key Events**
1. **Bounce from Support**:
- The price rebounded strongly from ₹1,913.15, driven by buying interest, as reflected in the spike in green volume bars.
2. **Formation of Rising Wedge**:
- The wedge pattern indicates a potential bearish reversal. Traders should monitor the lower wedge boundary for a breakdown.
3. **Approaching Resistance**:
- The price is nearing ₹2,125.00, where sellers could exert pressure. A breakout above this level would invalidate the wedge pattern and suggest further upside.
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#### **4. Trading Insights**
1. **Bearish Setup**:
- A breakdown below the lower wedge boundary, confirmed by increased volume and RSI falling below 50, would present a short-selling opportunity. The target for this move could be ₹1,913.15 or lower.
2. **Bullish Continuation**:
- If the price breaks above ₹2,125.00 with strong volume, traders can look for long opportunities targeting ₹2,772.10. Confirmation from MACD (widening gap above the zero line) and RSI (rising above 60) would add confidence.
3. **Risk Management**:
- In the case of a wedge breakdown, traders should place stop-loss orders just above ₹2,125.00.
- For bullish trades, a stop-loss below ₹2,000.00 would help mitigate risks.
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#### **5. Conclusion**
The chart presents a potential **bearish rising wedge** setup, with key resistance at ₹2,125.00 and support at ₹1,913.15. Traders should closely monitor price action at these levels for a breakout or breakdown, alongside confirmation from volume, MACD, and RSI.