👔 Raymond Ltd – Cup & Breakout! Classic Pattern Targets Unfolding…

Raymond has just confirmed a Cup & Breakout formation — one of the most reliable bullish continuation patterns. After months of accumulation and rounding base, price has broken out with strong volume and a massive +14% weekly candle. 🎯 Pattern Highlights ☑️ Cup base formed between ₹450–₹700 over ~10 months ☑️ Breakout from neckline zone at ₹703 ☑️ Projected upside target: ₹1000+ (41% upside from breakout) 📊 Volume + Momentum Confirmation ✅ Breakout candle accompanied by higher volume ✅ RSI turning upward, signaling fresh momentum ✅ Sustaining above neckline confirms bullish control 📌 Fundamental Tailwinds 🧵 Market leader in textiles & fashion — solid brand equity 🏢 Business restructuring and de-merger plans have unlocked value 💰 Improving margins, cash flows, and growth visibility in branded apparel segment 🔄 Diversified into real estate + engineering businesses 💬 With a technically strong pattern and improving fundamentals, Raymond may be stitching together a powerful rally ahead.