Rachit_Sethia

#raymond #abfrl #nykaa #arvind #kprmill #kitex #pageind #trident

Long
NSE:RAYMOND   RAYMOND LTD
#Raymond
NSE:RAYMOND
RAYMOND
RAYMOND
CMP: 780
Entry 770
Target 980
SL 700
RR > 3
TF < 6 months
Return ~ 30%

Factors:
BULLISH WEDGE BREAKOUT
Trend Following
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.

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With 💚 from Rachit Sethia

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