Dear All ,
Raymond Seems A Good Buy At Present for Mentioned Targets ! Stock was consolidating in A Flag & Now It gave break-out with good volumes !
Points to Notice :
(1) Volume was Up During Up-Move
(2) Volume was Down During Fall
(3) During B.O. , Volume > Vol (20SMA)
RSI(14) has also given B.O. from A Flat Channel .
Strategy : Buy for Targets of 850-900+ With A SL Of 800 Rs. (CLBS) !
Hope You will like My Idea ; Hit Like Button for Supporting & Comment your view in Comments Section .
Disclosure : I am not A SEBI Registered Technical Analyst !
Regards ,
Mohit Jangir (KBMJ)
Happy Trading !!!