Sell Raymond with a target of Rs 438: Rajat Bose
The way this stock has fallen, crossing Rs 445 would be quite difficult unless the market recovers in a big way, hence the stop loss of Rs 445.50.
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| In chat with ET NOW, Rajat Bose, rajatkbose.com, gives his call on Raymond.
What is your call on Raymond?
Raymond is a sell recommendation. Sell with a stop above Rs 445.50 and the target of Rs 438.
Rs 437 to about Rs 435 is the support area for Raymond, hence I have given a target just above that. The way this stock has fallen, crossing Rs 445 would be quite difficult unless the market recovers in a big way, hence the stop loss of Rs 445.50.
What is your call on Raymond?
Raymond is a sell recommendation. Sell with a stop above Rs 445.50 and the target of Rs 438.
Rs 437 to about Rs 435 is the support area for Raymond, hence I have given a target just above that. The way this stock has fallen, crossing Rs 445 would be quite difficult unless the market recovers in a big way, hence the stop loss of Rs 445.50.
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