CYIENT LTD
Long
Updated

CYIENT - opportunity for quick 4% gains

104
CYIENT
cmp 1476.50

there is an opportunity for getting quick 4% gains in this stock.
on hourly timeframe there is trendline breakout plus positive diversion on the RSI
I will be looking for making an entry above 1488 with target of 1545-1550
SL will be 1523

The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article.
It is expected of each person to carry out own research and evaluation to ascertain whether my perspective is matchingwith your studies.
Trade active
CYIENT made high of 1537. my target was 1545-1550
now it has come down to 1455
i am holding this with SL of 1423
now new target will be 1580-1585
Trade closed: stop reached
CYIENT SL hit at 1423
EXIT

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