RAYMOND - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Technical Analysis for RAYMOND (Raymond Ltd.)

Technical Rating: 3.2

📈 Trend Overview

Current Price: ₹688

50 DMA / 200 DMA: ₹658 / ₹585 — price trading above both, indicating a mild uptrend.

RSI (50.4): Neutral — no strong momentum signal.

MACD (14.3): Bullish — positive crossover suggests upward momentum.

Volume: Below 1-week average — weak participation, potential lack of conviction.

Conclusion: The stock is trending mildly upward, but momentum is fragile.

🔍 Chart Patterns & Indicators

Bollinger Bands: Price near mid-band — no volatility breakout.

Support Levels: ₹658 (50 DMA), ₹630 (swing low)

Resistance Levels: ₹710 (recent high), ₹784 (52-week high)

Trendlines: Slightly ascending — gradual recovery, but no breakout pattern.

🚀 Momentum Signals

Short-Term Signal: Mild bullish bias from MACD, but RSI and volume suggest caution.

Volume Trend: Declining — watch for confirmation via volume spike.

🎯 Entry & Exit Zones

Action Price Zone Rationale

Entry (Buy) ₹658–₹670 Near support, MACD bullish

Exit (Sell) ₹710–₹740 Resistance zone, potential reversal

📉 Market Sentiment & Fundamentals

FII & DII Holding ↓ — institutional sentiment is negative.

Quarterly PAT: Slight improvement, but overall low profitability.

P/E (188) vs Industry PE (40.2): Overvalued — caution advised.

Debt-to-Equity (0.20): Low leverage — a positive.

PEG Ratio (-3.17): Negative — suggests growth concerns.

🧭 Final Take

Raymond Ltd. is showing early signs of a trend reversal, but lacks strong momentum confirmation. Traders may consider short-term bullish setups with tight stop-losses, while investors should monitor for fundamental improvement before committing.

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