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karthikmarar
Jul 6, 2023 6:46 PM

RAYMOND LTD - Gearing up to scale New Heights Long

RAYMOND LTDNSE

Description

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 good close above 1786 the stock is likely to scale new highs.
Comments
investyoga4
Great Work Sir, Looking forward for the update on VPA 5.
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