Stock analysis Raymond Realty Limited RAYMONDREL
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Technical analysis forecast for Raymond Realty Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Raymond Realty Limited RAYMONDREL at this time. Stock is falling and might fall more.
It appears as if Raymond Realty Limited RAYMONDREL gave a large move recently.
Stock of Raymond Realty Limited (RAYMONDREL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Raymond Realty Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Raymond Realty Limited stays below 659.2, but if it comes above 659.2, then a intra day buy could be more profitable.
If you take a sell trade below 659.2, then use 659.2 as stoploss and 606.1 as target. However if you take a buy trade in Raymond Realty Limited, then use 659.2 as stoploss and 703.36 as target.
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