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(RAYMOND) Raymond complete technical analysis [charts+indicators] | Buy/Sell Raymond | (RAYMOND) share price targets

Complete technical analysis of Raymond (RAYMOND) by charts plus indicators, forecast predictions and share price targets for Raymond (RAYMOND)

Raymond trades in NSE in Textiles sector.

Showing technical analysis as on 2024-06-07 View latest technical analysis

10 day averaged volume of Raymond is 178156

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	2471.65	2320.00	2498.65	2310.00	5.111 times
06 Thu Jun 2024	2295.60	2218.60	2320.00	2205.05	1.594 times
05 Wed Jun 2024	2161.80	2146.05	2172.10	2028.40	0.773 times
04 Tue Jun 2024	2153.20	2260.00	2260.00	1889.85	1.756 times
03 Mon Jun 2024	2263.15	2280.00	2296.50	2235.50	1.015 times
31 Fri May 2024	2210.20	2202.85	2241.85	2171.60	1.374 times
30 Thu May 2024	2173.70	2181.65	2197.15	2163.25	0.28 times
29 Wed May 2024	2196.75	2180.00	2207.85	2140.55	0.633 times
28 Tue May 2024	2184.85	2170.00	2208.40	2151.10	1.059 times
27 Mon May 2024	2175.80	2226.45	2230.00	2170.00	0.77 times

Stock of Raymond (RAYMOND) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2383.3, for a target of 2290.8 or 2213.66

Share price targets for Raymond (RAYMOND)

Target Type	Value
Downside Target	1590.00
Downside Target	1669.90
Downside Target	1810.05
Downside Target	1868.00
Downside Target	1943.90
Downside Target	2053.00
Downside Target	2136.35
Downside Target	2205.00
Downside Target	2241.85
Downside Target	2274.00
Downside Target	2278.00
Downside Target	2333.00
Upside Target	2498.65

Intraday share price targets for Raymond (RAYMOND)

Target Type	Value
Downside Intraday Target	2074.78
Downside Intraday Target	1677.92
Upside Intraday Target	2683.58
Upside Intraday Target	2895.52
Downside Intraday Target	2286.72

Weekly technical analysis of Raymond (RAYMOND)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	2471.65	2280.00	2498.65	1889.85	2.491 times
31 Fri May 2024	2210.20	2226.45	2241.85	2140.55	1.388 times
24 Fri May 2024	2226.45	2248.60	2278.00	2205.00	0.508 times
18 Sat May 2024	2235.70	2150.00	2274.00	2082.00	0.645 times
10 Fri May 2024	2149.95	2220.00	2227.00	2053.00	0.335 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Raymond (RAYMOND)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	2471.65	2280.00	2498.65	1889.85	0.25 times
31 Fri May 2024	2210.20	2123.70	2333.00	2053.00	1.153 times
30 Tue Apr 2024	2103.35	1824.70	2136.35	1810.05	2.217 times
28 Thu Mar 2024	1808.30	1842.00	1868.00	1590.00	0.354 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Raymond (RAYMOND)

Price action analysis of Raymond ( (RAYMOND) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Raymond ( (RAYMOND) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Raymond ( (RAYMOND) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Raymond ( (RAYMOND) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Raymond stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Raymond in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Raymond Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Raymond in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Raymond is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2301.86 and Raymond (RAYMOND) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Raymond (RAYMOND) stock. Volume based technical analysis of Raymond (RAYMOND) stock is negative.

Raymond Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.