Wait and Watch for Raymond may head towards 275-280: Sandeep Wagle

In a chat with ET Now, Sandeep Wagle, Founder & MD, APTART Technical Advisory Services shares his views about Raymond.

ET Now: What is the call on Raymond?

Sandeep Wagle: I see Raymond breaking a very strong weekly support at the level of 320. At the current price of 324, I would wait. Let it break 320 close below that 315-318, at those levels I would take a call and if that happens, I think Raymond should go to somewhere around 275 to 280 over the coming week.