RAYMONDLSL - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 3.9

Here’s a detailed technical analysis of Raymond Lifestyle Ltd (RAYMONDLSL)

📊 Trend Overview

Current Trend: The stock is in a short-term uptrend, trading above its 50-DMA (₹1,200) but still below its 200-DMA (₹1,400), suggesting recovery from lows but not yet a full reversal.

52-Week Positioning: At 27.6% of its 52-week range (₹860 – ₹2,499), the stock is still deep in the lower zone, indicating significant downside from peak levels and potential for further rebound.

📈 Momentum Indicators

RSI (62.1): Bullish. Indicates strong buying interest, approaching overbought territory but still in a healthy range.

MACD (45.6): Strong positive crossover, confirming bullish momentum and trend continuation.

Volume: Current volume (80K) is significantly below the 1-week average (1.66L), suggesting reduced participation. A volume spike would be needed to confirm breakout strength.

📉 Chart Patterns & Moving Averages

Price Action: The stock has bounced off its 50-DMA and is forming higher lows. A breakout above ₹1,400 (200-DMA) would confirm medium-term trend reversal.

Support Levels

₹1,200 – 50-DMA and recent swing low

₹1,100 – psychological support and prior base

Resistance Levels

₹1,400 – 200-DMA and key resistance

₹1,550–₹1,600 – previous breakdown zone

📌 Bollinger Bands

Price is near the upper band, confirming momentum. Bands are widening, suggesting increasing volatility and potential for breakout continuation.

🎯 Entry & Exit Zones

Action Price Zone (₹) Rationale

Entry 1,200–1,250 Near support and breakout base

Exit (Short) 1,400–1,420 Resistance zone, near 200-DMA

Exit (Long) 1,550–1,600 If breakout sustains above ₹1,420

🔍 Market Behavior

Trending: Yes, short-term bullish trend confirmed by MACD and RSI.

Consolidating: No, price is expanding with momentum.

Reversing: Not yet. Indicators suggest continuation unless RSI peaks and volume fades.

🧠 Summary

RAYMONDLSL is showing signs of recovery with price action above its 50-DMA and bullish momentum indicators. RSI and MACD support upside potential, though volume needs to improve for a confirmed breakout. Traders may consider accumulating near ₹1,200–₹1,250 and watch for breakout above ₹1,400 for targets toward ₹1,600.

Let me know if you'd like to compare this setup with other mid-cap retail or lifestyle stocks.

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