Fundamentally stock is decent. As per technical analysis, Stock has given breakout after taking support from lower boundary of parallel channel. Stop loss could be swing low and and targets could be Upper boundary of the channel. #Everything Is Probability In Market. #learnInPublic
Swing Trading opportunity Everything explained video- (Only for educational purposes, i am not a sebi registered analyst)
NSE:CYIENT only think for buy Buy @ Approx 950-970 stoploss 888 Target 1100
Can provide 100 points in short term . Crossed all resistance levels.
1. Low bear volumes while pushing the price down. 2. Breakout from channel 3. The stock has been respecting the 50 EMA support post covid. 4. Dragonfly doji negating bears. Might break the PRZ
Cyient BO'd from channel some 1 hour ago...and has gone up 12%...Target 1 was hit just 10 mins ago. Cyient is a small company but we can hold it until target 2 is hit..This is not a recommendation, but an idea. Do your own research and trade. Cheers
Cyient (Estd: 1991, NSE: CYIENT) is a global engineering and technology solutions company. As a Design, Build, and Maintain partner, for leading organizations worldwide, we take solution ownership across the value chain to help clients focus on their core, innovate, and stay ahead of the curve. We leverage digital technologies, advanced analytics capabilities,...
Cyient is making Ascending flag pattern Buy above 710, let 1-day candle close green above @710 Target open and book timely profits Book timely profits Educational purpose only Do, like and follow for more technical analysis
CYIENT is well above kumo clouds with lagging span indicating positive momentum and moreover ADX crossover happening. MACD also indicating for bullish convergence! This stock can rocket to 800 as well. Lock and load below 715.
Buy CYIENT for target 708 with SL 615 Stock took support at 55 day EMA
BEARISH Deep CRAB@1.902XA i.e HOP Break of Trend line with RSI BELOW 70 SELL
buy 480-500 range 50% share and trgt- 520 and if you want to hold then add rest 50% or go for fresh buy-522-trgt-637.sl-460