here as we can see after the motive waves 12345 , we are into abc correction out of abc , wave a has been identified , and now wave a shall be retraced by wave b , keeping it very minimal to 50% retracements .. also the price action suggests that 350 levels are a short term rejection levels as well ..
I am bullish on raymond on a yearly perspective and have been trading each of the major waves ...
so this is a pure delivery buy trade hope you harvest profits here ..
go for it ...
This is one of our premium services scrip , where we trade each and every wave cut the cost of our inventory and get it ready for the final rally ..
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the target price of 350 rs has been achieved and the trade stands to be CLOSED
will revisit the scrip again .. at the completion of wave c