Aug 28, 2018

Raymond Ltd. - Short Term Trading View


RAYMOND – CMP - 833
Raymond was a stock in uptrend before it was beaten down with many of the likes of it which were in continuous uptrend and ‘buy in dips’ category. It looks that in the wake of recent market highs, many stocks are coming out of that ‘mini bear market’ and the stocks which were earstwhile in the mentioned continuous uptrend and ‘buy on dips’ category; are likely to perform very well now onwards. The question was of entry, and after forming bottom out patter and rising above important SMA and EMAs, it is now a good entry price as well.
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