🎯The stock is in red as the Raymond Boss is getting divorced. Details here -
x.com
🎯 The price is down about 20% since the news came out, the company is still the same.
🎯Price stands at 1500 i.e. the first psy. Support level
🎯The delivery data shows an accumulation
🎯We may see a quick bounce from here
🎯 if the fall continues, 1212 is a significant support...
NSE:RAYMOND
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and...
at the 21 ema so we should see a bounce if not then 200 ema below is likely next stop
not in this just heard about the familia saga and thought why not have a look
short below white line
long as long as that holds
KRBL Ltd. is exhibiting strong bullish momentum across various technical and fundamental indicators, making it an appealing prospect for investors. In the short term, the one-day analysis reveals a "Strong Bullish" sentiment, with the latest tick indicating a robust price rise supported by substantial trading volume. The Parabolic SAR (PSAR) is also "Bullish" with...
Raymond Ltd. is currently showing strong signs of bullish momentum in the market, backed by various technical and fundamental indicators. The one-day analysis reveals a strong bullish sentiment with a significant price rise supported by robust trading volume. The Parabolic SAR (PSAR) is bullish, indicating a crossover that supports the upward trend. HighLowBand...
The stock has been a multi bagger giving almost 5x returns in the last two years. Recently the up move had been halted with a “BC” Bar. Then the stock after retreating started to move up attempting to take out the “BC” bar. It failed and is now attempting again. We see a clear a Volatility Contraction Pattern. The stock is still in a supply area. Once we have a...
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
Raymond is in a channel line trend since April 2021. For swing trade , we can select the lower trend line as an entry point. Close below this line is an exit. Target is the upper trend line w.r.t to time.
NSE:RAYMOND
ABOVE 1435 IT will look like bullish.
recent candles are travelling less area
but taking too many times then
it shows the weakness of the chart.
downside 1223 is very good support level.
next level 1174 and next 1013.
it may also happen that
it will take support from 1223
and again show weakness .
$Raymond
CMP 1435
Support at 1400 and 1360
So sl can be placed below 1360
TGT for all time high later on trail with 20EMA
:Highest volume on Breakout
:Low volumes on pullback
:Bullish momentum
:Up move possible
:Max 5% risk(1360 level)
:Min risk 2.5% approx (For 1400)
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...
RAYMOND has formed an ascending triangle pattern and it has given a breakout. At this level we can plan an entry.
Next resistence levels are 1421.70, 1644.70
Good Day ,
Hello Traders,
Raymond coming out of big consolidation as big rounding bottom is formed.
Chart Self explanatory
Time Frame : Daily
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..
If you really like the...
