Stock: Raymond Lifestyle Ltd CMP: 1270
Target: 1750 Stoploss: 1000 Duration: 1-2 years

Raymond Lifestyle is engaged primarily in the business of fast moving consumer goods and sexual wellness products. The stock is awaiting turnaround both on technical set up and fundamental set up. Stock has fallen nearly 57% from its 52 week high. This stock is recommended for only long time investors as turnaround story may take some time to achieve. The positive aspect of this company is its fair value share price. Raymond has been falling since its Composite Scheme of Amalgamation & Arrangement between Raymond Limited, the Company, Ray Global Consumer Trading Limited and their respective shareholders and Creditors in Sept 2024. In April 2025, when the stock was attempting to reach its bottom, the price decline came to a standstill. In May 2025, Raymond retested its support at 920, confirming that level as its bottom. Since hitting the bottom, the stock has been increasing gradually. When the market again retested its support in June 2025, Raymond established a new base at about 1000. Following then, the surge was followed by rising volume, which suggests that more institutions and investors are participating. The oscillator “Directional Moving Index” has given buy signal when DI+ has given positive crossover above DI- on 5th Jun 2025 but exponential moving average (EMA) 21 and 50 has given positive crossover recently on 26 June 2025. Both indicator’s buy signals have given additional support for accumulation of this stock. On the higher side, resistance comes around 1750 while support comes at 1150 which was resistance from Mar to Jun 2025 and now has reversed its role and become support.

Read more: Raymond Lifestyle a turnaround play; target Rs 1,750 in 1–2 years