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Stock analysis Raymond Limited RAYMOND

More indepth analysis on MunafaSutra.com

Moving Averages for Raymond Limited

  • 5Day Average: 2085.2
  • 12Day Average: 1986.89
  • 20Day Average: 1939.94
  • 50Day Average: 1838.03
  • 100Day Average: 1786.6
  • 150Day Average: 1783.54
  • 200Day Average: 1820.09

RAYMOND Indicators & signals

Indicator MACD (12,26,9)

2007.64, 1930, 58.35
Indicator MACD is in positive zone

Indicator ADX (14)

55.32, 31.98, 9.2
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 64
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of RAYMOND Raymond Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 2107.75 2094.00 to 2135.00 -0.6% 0.49 times
25 Thu Apr 2024 2120.40 2050.00 to 2134.25 3.21% 0.8 times
24 Wed Apr 2024 2054.45 2047.95 to 2096.50 -1.47% 0.6 times
23 Tue Apr 2024 2085.20 2036.55 to 2105.05 1.31% 0.94 times
22 Mon Apr 2024 2058.20 2015.35 to 2076.35 2.3% 1.57 times
19 Fri Apr 2024 2011.95 1860.00 to 2030.00 5.33% 3.76 times
18 Thu Apr 2024 1910.10 1879.10 to 1919.70 2.06% 0.46 times
16 Tue Apr 2024 1871.55 1859.80 to 1891.00 -0.49% 0.2 times
15 Mon Apr 2024 1880.75 1835.30 to 1895.50 -1.3% 0.51 times
12 Fri Apr 2024 1905.50 1900.00 to 1960.00 -1.5% 0.42 times
10 Wed Apr 2024 1934.45 1915.00 to 1965.00 1.69% 0.76 times
09 Tue Apr 2024 1902.35 1895.00 to 1947.00 -0.5% 0.35 times

Technical analysis forecast of Raymond Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Raymond Limited RAYMOND at this time. Stock is rising and might rise more.

It appears as if Raymond Limited RAYMOND gave a large move recently.

Stock of Raymond Limited (RAYMOND) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Raymond Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Raymond Limited stays above 2052.9, but if it comes below 2052.9, then a intra day sell could be more profitable.
If you take a sell trade below 2052.9, then use 2052.9 as stoploss and 1956.76 as target. However if you take a buy trade in Raymond Limited, then use 2052.9 as stoploss and 2168.3 as target.

More indepth analysis on MunafaSutra.com