AbNamjoshi

Chart of the week. Raymonds

Long
NSE:RAYMOND   RAYMOND LTD
This Black horse of mine came on chart on 10 October 21 hardly a year back when it was trading on 462. The chart was very promising, hence it was my chart of the week for that week. The chart was saying double returns in nearly 2 years, however, all the targets achieved within a year. Thanks to all who took positions! Enjoy the profits!

This week again it has given a breakout after achieving all its targets. Now it will trade in uncharted territory. Now the targets would be up to 4300 on weekly basis. I have not given any Stop loss for this trade as we have taken positions long back and I would strongly recommend to hold this stock for more 2 years. New entrants may keep a stop loss of 900.

CMP - 1300 W (5/11/22)
T - 1700, 2660, 3600
View - Medium to long term
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