RAYMOND - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.1

📊 Technical Analysis Summary

• Trend Status: Reversing from uptrend
• Current Price: ₹576
• RSI (43.0): Weak — approaching oversold zone
• MACD (-6.20): Bearish crossover — downward momentum
• Volume: Below average (1.94L vs 2.85L) — declining interest
• DMA 50/200: Price below both (₹599 & ₹594) — bearish confirmation
• Bollinger Bands: Price near lower band — support likely near ₹560

📈 Entry & Exit Zones

• Support Levels: ₹560 / ₹540 / ₹510
• Resistance Levels: ₹599 / ₹630 / ₹660
• Optimal Entry: ₹560–₹575 (on dip near support)
• Exit Target: ₹630–₹660 (if momentum recovers)

✅ Positive

• Debt-free — strong financial structure
• PEG ratio of 0.55 — reasonable valuation relative to growth
• EPS of ₹822 — strong earnings base despite recent volatility

⚠️ Limitation

• MACD and RSI indicate bearish momentum
• Price below key moving averages — weak technical setup
• ROCE (1.17%) — poor capital efficiency
• High P/E (94.2) — significantly overvalued compared to industry

📉 Company Negative News

• FII holding declined by 0.18%, DII by 1.27% — institutional caution
• Quarterly PAT dropped from ₹11.8 Cr to -₹2.85 Cr — earnings reversal
• Qtr Profit Var down 122% — high volatility

📈 Company Positive News

• Debt-to-equity ratio of 0.00 — zero leverage
• 52-week performance up 42.7% — long-term trend remains positive

🏢 Industry

• RAYMOND operates in textiles and lifestyle — cyclical and brand-driven sector
• Industry P/E is 42.4 — RAYMOND trades at a steep premium
• Sector benefits from festive demand and premiumization trends

🧾 Conclusion

• RAYMOND is currently reversing with weak technical indicators and declining momentum
• Entry near ₹560 may offer upside toward ₹660 if sentiment improves
• Valuation is stretched and fundamentals are volatile — suitable only for cautious accumulation with technical confirmation