RAYMOND

trendline support

As long as the stock holds above the rising trendline, the path of least resistance remains upward. A breakout above ₹550–560 could trigger the next leg higher. Three-Line View • Raymond is respecting both trendline support and the prior breakout zone. • Higher highs and higher lows suggest the primary trend remains bullish. • Above ₹550–560, momentum can accelerate; below ₹500, the trend would start weakening.