Raymond@ One Idea@ Multiple Trade

Raymond Ltd:

On 11th Dec 2012 Raymond made high of 488.5

On 9th Jan 2013 it closed below 448

Todays closing at 377.9 down 15% as mentioned earlier that its Weak only below 449/448, better avoid below it.

Msg posted on Dec 4 2012@

Raymond likely to remain very strong as long it remains above 449 where on the upside it could see level of 'upto' 464 & 499 & 510 & 540 & 588.
Weak only below 449/448, better avoid below it.

NOW,

STRONG SUPPORT AROUND 375, COULD SEE A GOOD BOUNCE NOW.

BELOW 375 CLOSING IT COULD DRIFT DOWN TO 361.