RAYMOND LTD
Long

Raymond Rockets Past ₹1811! Bullish Targets Await!

323
Raymond on the 4-hour timeframe has initiated a long trade setup, with TP1 already achieved at ₹1811.60. This trade was identified using the Risological Swing Trading Indicator, which confirms the potential for further bullish movement as long as the trend holds steady.

Key Levels:

TP1: ₹1811.60 ✅
TP2: ₹2058.55
TP3: ₹2305.50
TP4: ₹2458.15

Technical Analysis:

The entry price of ₹1659.00 has delivered a strong upward momentum, surpassing the first profit target with ease. The stop-loss is placed at ₹1535.55 to manage risk. The price has clearly broken out from consolidation and has been following the Risological trend line, indicating a strong continuation in the upward trend. Traders can aim for the remaining targets with confidence if the current bullish trajectory persists.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.