Raymond LongRaymond has broken out of symmetrical triangle pattern and with good volumes. Expecting targets of 361
RAYMOND
R-0217 Cash Sell RAYMOND @258.15-259.15 SL 263.8 TGT 248Intraday Cash Sell RAYMOND @258.15-259.15 SL 263.8 TGT 248
MACD cross over + TK line indicates bearish pattern + next support is 243 so GO SHORT
Target for Raymond LtdGood time to buy raymond ltd
once it crossed the range of 360-370, it can touch the target of 405.
Raymond may get lowerAs per chart it shows that we can see more downtrend
if it breaks 797
we may see 775- 760
keep ssl 809
Raymond sell [pinbar]Can see downtrend after pin bar at
key resistance.
sell below 847 sl 857
tgt 832-819
Short Term BuyRaymond could possibly head higher to retest the previous highs once it finishes the consolidation pattern that it is in currently. A lower entry, close the recent low could be a great entry for a good risk/ reward. As always, Wait till confirmation, patiently.
