Hello, Friends today we will discuss another Famous stock Raymond Ltd. Raymond Share Price NSE | Live Today | Raymond Share Price Target.
Before investing in any stock you have to analyze everything about this particular company. So today we will discuss briefly Raymond Ltd.
Raymond share price bse (BSE: 500330|NSE: RAYMOND) is the largest integrated manufacturer of fabric in the world based in Mumbai, Maharashtra.
Headquarters: Mumbai
Founded: 1925
Now we explain the Technical Analysis of Raymond Stock. I have used 4 different strategies with a different time frame for an explanation.
1. Monthly Technical chart of Raymond
Raymond share price history – On a 1Month Technical chart, Raymond creates the double bottom pattern, at 210/- Raymond creates a double bottom pattern & reverses from this point.
In 2010 & 2013 this support was created that repeated in 2020 during Corona. 210 is the strongest support for this stock. So high possibility Raymond can’t break this Support.
******************************************************************************************************************************************************************************************************
On a one-day Technical chart, Raymond has a breakout with high volume. Also, Raymond breaks all EMA, like 20, 50,100,200 EMA.
And very important is that in 2020 January month Raymond break 200 EMA on the downside. After 1 year Raymond breaks 200 EMA on the upside. That is a good sign for Raymond. So high possibility Raymond trend will continue upside.
See below this image, you can understand, Raymond was traded on the range. But now this range has broken successfully. 361 is a very strong resistance for this stock. Currently, Raymond has broken this resistance.
Raymond Share Price Graph
After all, Raymond’s trend is an upside, so we can buy on the current situation.
Name | % Holding |
J K Investors (Bombay) Limited | 28.13% |
J K Investo Trade (India) Limited | 12.02% |
J K Helene Curtis Limited | 5.4% |
J K Sports Foundation | 1.19% |
Smt Sunitidevi Singhania Hospital Trust | 1.04% |
Shephali A Ruia | 0.23% |
Polar Investments Limited | 0.15% |
Vijaypat Singhania | 0.08% |
Niharika Gautam Singhania | 0.01% |
Name | % Holding |
Government Pension Fund Global | 2.41% |
Vespera Fund Limited | 1.49% |
Equities & Liabilities | Mar 2020 | April 2019 | May 2018 | June 2017 | July 2016 | Trend Mar 16 – Mar 20 |
---|---|---|---|---|---|---|
Share Capital | 64 | 62 | 65 | 66 | 61 | |
Reserves & Surplus | 2,309 | 1,892 | 1,750 | 1,591 | 1,600 | 03… |
Current Liabilities | 4,274 | 4,133 | 3,444 | 2,805 | 2,161 | 04.… |
Other Liabilities | 1,098 | 576 | 852 | 773 | 1,088 | 01… |
Total Liabilities | 7,747 | 6,664 | 6,108 | 5,252 | 4,921 | 010k |
Assets | ||||||
---|---|---|---|---|---|---|
Fixed Assets | 2,469 | 2,037 | 2,000 | 1,569 | 1,403 | 03… |
Current Assets | 4,406 | 4,017 | 3,432 | 2,961 | 2,859 | 04.… |
Other Assets | 870 | 608 | 676 | 721 | 658 | 01… |
Total Assets | 7,747 | 6,664 | 6,108 | 5,252 | 4,921 | 010k |
Other Info | ||||||
---|---|---|---|---|---|---|
Contingent Liabilities | 578 | 639 | 233 | 199 | 212 |
Share Name – Raymond Ltd
Raymond share price today – 367
Buy Range –350-368
Raymond share prices target – 390
Second Target –460
Third Target –510++
Stop-loss- 345
Risk Reward ratio – 1:3
Trading type –positional/Long Term
Prediction Ratio – 75% Winning Chance
Why I choose Raymond Ltd Stock (Raymond share nse)?
Answer – Raymond Ltd has broken his Resistance.
Which Strategy do I use on this Stock?
Answer – 200 EMA Breakout Strategy
Trading type?
Answer – Investing
I hope you like my article Raymond Share Price NSE | Live Today | Raymond Share Price Target your knowledge has increased a lot. If I have made a mistake in this article or if you have any questions, feel free to leave a comment in the comments box and I will try to answer your question as soon as possible.
******************************************************************************************************************************************************************************************************
Paytm स्टॉक की कीमतों में गिरावट क्यों जारी है? Paytm Hits All Time Low …
Domain को Cloud Flare से कैसे जोड़ें? - How To Setup Cloud Flare DNS for…
5 मिनट में AWS (Amazon Web Services) पर पंजीकरण कैसे करें? AWS Free Tier नमस्कार…
AWS पर WordPress Website Host करने का आसान तरीका नमस्कार दोस्तों, हम चर्चा करेंगे…
Binance से Trust Wallet में Funds (BNB) कैसे Transfer करें ? नमस्कार दोस्तों, आज…
How to Deposit (USDT) on Binance in Hindi | Binance पर (USDT)कैसे जमा करें ?…